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Definition

Allotment

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

Webster Dictionary Meaning

1. Allotment
- The act of allotting; assignment.
- That which is allotted; a share, part, or portion granted or distributed; that which is assigned by lot, or by the act of God; anything set apart for a special use or to a distinct party.
- The allowance of a specific amount of scrip or of a particular thing to a particular person.
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