The number of securities assigned to each of the participants in an underwriting syndicate. Bloomberg Financial Dictionary
* * *
allotment al‧lot‧ment [əˈlɒtmənt ǁ əˈlɑːt-] noun [countable]
1. an amount or share of something such as money or time that is given to a person or organization:
• They argued that they needed their full allotment of vacation days as the job is very stressful.
2. FINANCE the number of shares allocated to each possible buyer when new shares are first made available; = ALLOCATION:
* * *
allotment UK US /əˈlɒtmənt/ noun [C or U]
► the process of sharing something, or the amount or share of something that someone or something is given: »
The trade body labeled as illegal last year's allotment of $3.2 billion in cotton subsidies.
► STOCK MARKET the amount of shares that someone is given when new shares are being made available: »
an allotment of 200 bonus shares
Financial and business terms. 2012.