allotment letter

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• allotment letter — See renouncable documents Exchange Handbook Glossary * * * allotment letter allotment letter ➔ letter …   Financial and business terms

• provisional allotment letter — (PAL) A temporary document of title by which new shares are offered to shareholders in a rights issue. The PAL shows each shareholder s entitlement to the new shares, and can be traded in nil paid or fully paid form. Related links …   Law dictionary

• letter of allotment — See letter of acceptance. Dresdner Kleinwort Wasserstein financial glossary * * * letter of allotment ˌletter of alˈlotment noun letters of allotment PLURALFORM [countable] FINANCE a letter from a company to a person who has asked to buy shares… …   Financial and business terms

• letter of renunciation — On the London Stock Exchange this applies to a rights issue and is the form attached to an allotment letter which is completed should the original holder wish to pass his entitlement to someone else, or to renounce his rights absolutely. Exchange …   Financial and business terms

• letter of renunciation — 1) A form, often attached to an allotment letter, on which a person who has been allotted shares in a new issue renounces any rights to them, either absolutely or in favour of someone else (during the renunciation period). 2) A form on the… …   Big dictionary of business and management

• provisional allotment letter — See rights issues. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

• allotment — 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 …   Financial and business terms

• allotment — A method of distributing previously unissued shares in a limited company in exchange for a contribution of capital. An application for such shares will often be made after the issue of a prospectus on the flotation of a public company or on the… …   Accounting dictionary

• allotment — A method of distributing previously unissued shares in a limited company in exchange for a contribution of capital. An application for such shares will often be made on the flotation of a public company or on the privatization of a state owned… …   Big dictionary of business and management

• letter of allotment — See allotment …   Big dictionary of business and management

• letter of acceptance — Also known as a letter of allotment. Dresdner Kleinwort Wasserstein financial glossary Where an investor applies for shares on a new issue and his application is successful, he will receive a letter of acceptance as evidence of his ownership of… …   Financial and business terms