Match the descriptions with their terms:
-The process of issuing shares to selected applicants.
A) Company
B) Issue price
C) Payment date
D) Allotment
E) Treasurer
F) Limited liability
G) Cash dividend
H) Prospectus
I) Retained earnings
J) Dividend

Question

Quizplus · Accepted Answer

Allotment refers to the process of allocating or issuing shares of a company to selected applicants after they have applied for them, typically as part of a public offering.

Match the Descriptions with Their Terms