The process of allocating shares between shareholders usually pro rata or according to some prior agreement. The allotment may have conditions, which must be satisfied before the shares are issued, eg payment for them. This precedes the actual issue of shares.
An allotment can be any size. It is a share or a portion of something which is given to an individual or group.
That is the correct spelling of "allotment" (a share, or sum set aside).
Share application money pending allotment is nothing but the application amount is received and shares are not alloted by the company.share warrants are bearer documents which are used at the time of share transfer
allotment, share, bite, cut, part, piece
Before allotment of shares position is Applicant. He doesnt owner of the company. He do not have any rights on company profits and he is not liable for company liabilities. After allotment of shares he become Share Holder. He has right to get company profits. He is the owner of company. He is liable of company liabilites to the extent of his shares.
Forefiture of shares issued at par:-Share capital A/c Dr.To share allotment A/cTo Share Call A/cTo share forfeiture A/c(Forfeiture of shares issued at par)
issue is the companies issuing shares to the public. An allotment process is whereby the shares which have been applied for by the public are allotted to the share applicants in the percentage holding of the company that they have applied for
Example sentences for the noun 'allotment':An allotment of water was distributed to each tornado victim.We calculated the grant allotment at twelve dollars per student.We were able to purchase it with a government allotment.
what is the procedure of allotment of shares?
what is the procedure of allotment of shares?
allot, dole, contribution, allowance, allotment, portion, distribute, assign, divvy, divide, deal
I can put allotment in a sentence.