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Allotment
The number of securities assigned to each of the participants in an underwriting syndicate.
Allotment
The distribution of shares to applicants in a new issue. Applicants may get all the shares they applied for or, if the new issue is oversubscribed, the allotment will be scaled down either pro rata to the amount which each person applied for or, in some cases, using a random ballot.
Similar MatchesAllotment notice/letterAllotment notice/letter
A confirming document from a company that newly issued shares have been allotted to an applicant.
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