Home > Terms > English, UK (UE) > Allotment
Allotment
Related to IPOs: The amount of securities assigned to each of the participants in an investment banking syndicate formed to underwrite and distribute a new issue, called subscribers. The financial responsibilities of the subscribers are set forth in an allotment notice, which is prepared by the syndicate manager.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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