Question for accountants

[WillPeterson]

Can anyone please tell me what the term 'allotment of securities' means/refers to?

[Eric Mc]

"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]

Thank's Eric.