Allotment

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Related to Alottment: allotment of shares

Allotment

A portion, share, or division. The proportionate distribution of shares of stock in a corporation. The partition and distribution of land.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

ALLOTMENT. Distribution by lot; partition. Merl. Rep. h.t.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.