What is the definition of Allotment letter? | Dictionary.net

ALLOTMENT LETTER

\ɐlˈɒtmənt lˈɛtə], \ɐlˈɒtmənt lˈɛtə], \ɐ_l_ˈɒ_t_m_ə_n_t l_ˈɛ_t_ə]\

Definitions of ALLOTMENT LETTER

1910 - Black's Law Dictionary (2nd edition)

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A receipt for securities that an applicant can have for a new issue. Its a certificate and can be renounced on a specific date. The rights can be renounced or sold. It is title to te rights of sotck. AKA letter of allotment.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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