Question for accountants
Question for accountants
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WillPeterson

Original Poster:

38 posts

259 months

Thursday 20th January 2005
quotequote all
Can anyone please tell me what the term 'allotment of securities' means/refers to?

Eric Mc

124,715 posts

287 months

Thursday 20th January 2005
quotequote all
"Allottment" is a fancy word for "Issuing of".

The term is also used when shares are issued to Shareholders - the official Companies House form for this is called an "Allotment of Shares" form.

WillPeterson

Original Poster:

38 posts

259 months

Thursday 20th January 2005
quotequote all
Thank's Eric.