allottee

allottee
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.

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Look at other dictionaries:

  • Allottee — Al*lot tee , n. One to whom anything is allotted; one to whom an allotment is made. [1913 Webster] …   The Collaborative International Dictionary of English

  • allottee — index assignee, heir, transferee Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • allottee — [ə lät΄ē′] n. a person to whom something is allotted …   English World dictionary

  • allottee — allot ► VERB (allotted, allotting) ▪ apportion or assign to. DERIVATIVES allottee noun. ORIGIN Old French aloter, from Latin loter divide into lots …   English terms dictionary

  • allottee — noun Date: 1846 one to whom an allotment is made …   New Collegiate Dictionary

  • allottee — /euh lot ee /, n. a person to whom something is allotted. [1840 50; ALLOT + EE] * * * …   Universalium

  • allottee — noun /əˌlɒˈtiː/lang=en The person to whom an allotment is allotted …   Wiktionary

  • allottee — n. receiver of an allotment …   English contemporary dictionary

  • allottee — al·lot·tee …   English syllables

  • allottee — al•lot•tee [[t]ə lɒtˈi[/t]] n. one to whom something is allotted • Etymology: 1840–50 …   From formal English to slang

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