- allottee al‧lot‧tee [əˌlɒˈtiː ǁ əˌlɑː-] noun [countable]FINANCE a person or organization that is offered new shares when they are first made available:
• Only 3.85 million of the 13.2 million shares offered had been taken up by provisional allottees.
* * *allottee UK US /əlɒtˈiː/ noun [C]► STOCK MARKET a possible buyer who has been offered new shares that have become available: »
An allottee of the Stock Acquisition Rights may exercise those rights only within a period of three years from the time of allotment.
Financial and business terms. 2012.