PREALLOTMENT Meaning and
Definition
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Preallotment refers to the process of allocating or designating something, usually resources or items, beforehand, before they are officially distributed or assigned. It involves the act of setting aside a specific portion or share of a resource or item for a particular purpose or individual, ensuring that it is reserved and not available for others until the appropriate time.
In business or financial contexts, preallotment often pertains to the pre-distribution of shares or stocks in initial public offerings (IPOs). It refers to the reservation or allocation of a certain number of shares for specific investors or categories, such as institutional investors, before they are made available to the general public. Preallotment plays an important role in establishing the initial offering price and the distribution strategy for the IPO process.
The term can also be used in other fields, such as event planning or project management. For instance, in event planning, preallotment may refer to the initial assignment of a certain number of tickets or spaces for VIPs or sponsors. This ensures that these individuals or groups have guaranteed access to the event or venue before the general public.
Overall, preallotment is a strategic process that involves reserving and designating resources or items beforehand to ensure efficient and organized distribution or assignment. It allows for proper planning, prioritization, and control over the allocation of resources or items, thereby facilitating smooth operations and optimizing outcomes.
Common Misspellings for PREALLOTMENT
- oreallotment
- lreallotment
- 0reallotment
- peeallotment
- pdeallotment
- pfeallotment
- pteallotment
- p5eallotment
- p4eallotment
- prwallotment
- prsallotment
- prdallotment
- prrallotment
- pr4allotment
- pr3allotment
- prezllotment
- presllotment
- prewllotment
- preqllotment
- preaklotment
Etymology of PREALLOTMENT
The word "preallotment" is a combination of two parts: "pre-" and "allotment".
1. "Pre-" is a prefix that comes from the Latin word "prae", meaning "before" or "in advance".
2. "Allotment" comes from the Old English word "allotian", which means "to divide or distribute by lots". It can be traced back to the Old High German word "allotieren" and the Latin word "allotus", both with the same meaning.
Therefore, "preallotment" refers to the act of dividing or distributing something in advance or before it is officially designated or assigned.
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