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allottee

From Longman Business Dictionary
Related topics: Finance
allotteeal‧lot‧tee /əˌlɒˈtiːəˌlɑː-/ noun [countable] FINANCE a person or organization that is offered new shares when they are first made availableOnly 3.85 million of the 13.2 million shares offered had been taken up by provisional allottees.
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