| .כַּלְ |
allotment of shares (Shares are said to be "allotted" to a particular shareholder when the company binds itself in contract to issue the shares to that shareholder, e.g. when a shareholder completes an application for shares and the company accepts the application. The shares are said to be "issued" to the shareholder when the shareholder is given title to the shares, usually upon payment of the par value plus any applicable premium.  ukcorporator.co.uk Alexander Demidov); allocation of shares; allocator of credit; delivery of shares; delivery of stocks; displacement of shares |
