Definitions for "Allotment Letter"
Keywords:  renouncable, documents, see
(see Renounceable Documents).
See Renouncable Documents.
The letter sent by the issuer to the person holding bonds; it represents ownership.
These letters are sent out in a rights issue and inform the shareholder that they have the right to buy new shares at a stated price, known as the 'Call'. We will advise you on any action required by you on shares you hold with us for these actions.
(see Rights Issue)