Allotment letter

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Updated: Aug 20, 2021

A letter addressed to a subscriber to an issue of shares informing him of the num ber of shares he has been allotted and – where payment was not made with the application – the amount due.

Reference: The Penguin Dictionary of Economics, 3rd edt.



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James Knight
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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.