Allotment - Definition

The number of shares granted to each participating underwriting firms in an IPO. The surplus shares are then given to other firms that have won the bid for the right to sell the IPO. This is the chunk each firm gets to sell to its customers before the stock hits the exchanges.

Terms near "Allotment"

Allowance for doubtful accounts
Allowance of depreciation
Alternate account
Alternate payee
Alternative asset
Alternative Minimum Tax (AMT)
Alternative order
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