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Simple English definitions for legal terms

allotment certificate

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A quick definition of allotment certificate:

Term: ALLOTMENT CERTIFICATE

Definition: An allotment certificate is a document that shows how many shares of a company someone has agreed to buy, how much they will pay for them, and when they will make the payment. It is like a receipt for buying shares.

A more thorough explanation:

Definition: An allotment certificate is a document that records the important details of a subscription of shares. It includes information such as the number of shares to be purchased, the price to be paid, and the payment and delivery schedule.

Example: When a company decides to issue new shares, it may offer them to the public for purchase. Investors who want to buy these shares will fill out a subscription form and send it to the company along with the payment. Once the company receives the subscription form and payment, it will issue an allotment certificate to the investor. This certificate confirms that the investor has been allotted a certain number of shares at a specific price.

Another example: Let's say a company is issuing 1,000 new shares at $10 per share. An investor decides to buy 100 shares and sends a payment of $1,000 along with the subscription form. The company will then issue an allotment certificate to the investor, stating that they have been allotted 100 shares at $10 per share, and that the payment has been received.

The examples illustrate how an allotment certificate is used to confirm the purchase of shares and record important details of the transaction.

allotment | allotment note

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19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
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