Home > Terms > English, UK (UE) > Allotment
Allotment
A small area of land, let out at a nominal yearly rent by local government or independent allotment associations, for individuals to grow their own food, also a method by which a company allocates over-subscribed shares - see Subscription (finance)
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Commodity exchange
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