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allotment

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Wikipedia 0.06 sec.
Allotment
During an IPO, this is the number of shares granted to each participating underwriting firm that they are permitted to sell. Remaining surpluses are then given to other firms which have won the bid for the right to sell the IPO.

Notes:
This is the chunk each firm gets to sell to its customers before the stock hits the exchanges.


Allotment
The number of securities assigned to each of the participants in an underwriting syndicate.

allotment
Securities apportioned to members of an underwriting syndicate for resale to investors.

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