The meaning of ALLOTMENT is the act of allotting something : apportionment. How to use allotment in a sentence.
ALLOTMENT definition: the act of allotting. See examples of allotment used in a sentence.
Definition of allotment noun from the Oxford Advanced Learner's Dictionary. [countable] (British English) a small area of land in a town that a person can rent in order to grow fruit and vegetables on it. Want to learn more?
In Britain, an allotment is a small area of land in a town which a person rents to grow plants and vegetables on.
ALLOTMENT meaning: 1. a small piece of ground in or just outside a town that a person rents for growing vegetables…. Learn more.
- The act of allotting: initiated the allotment of ration coupons. 2. Something allotted: a monthly allotment of food stamps.
There are nine meanings listed in OED's entry for the noun allotment, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
Acceptance and Allotment: Allotment is the formal acceptance of these offers by the company's board of directors. It is the act of appropriating a specific number of shares to a specific applicant.
[uncountable] the assigning or giving out of portions: limited allotment. [countable] a portion so assigned or distributed. al lot ment (ə lot′ mənt), n. the act of allotting. a share granted.
It represents a specific amount or allocation of resources, such as money, time, or land, given to an individual or group for a particular purpose. For instance, in financial terms, an allotment can refer to the portion of shares or stocks granted to an investor.