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misallotment

 - 2 dictionary results

al⋅lot⋅ment

  [uh-lot-muhnt]
Use misallotment in a Sentence
–noun
1. the act of allotting.
2. a portion or thing allotted; a share granted.
3. (in U.S. military use) the portion of pay that an officer or enlisted person authorizes to be paid directly to another person, as a dependent, or an institution, as an insurance company.
4. British. a plot of land rented to a gardener.
Origin:
1565–75; allot + -ment; cf. F allotement

Synonyms:
2. measure, lot, ration.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

allotment

Securities apportioned to members of an underwriting syndicate for resale to investors.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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