Meaning & use
allotment letter
Last updated
Meanings
nouncountablefinancebusiness
An official letter telling someone that they have been given shares, land, or money as part of a distribution.
Grammar: Countable: you can say a letter, the letter, or letters.
Patterns
- receive an allotment letter
- send an allotment letter
- an allotment letter for something
Shareholders will receive an allotment letter explaining how many new shares they have been given.
The company mailed an allotment letter to each investor after the rights issue.
If you do not get your allotment letter within two weeks, contact the registrar.
nouncountableBritish
A letter from a local council offering someone a plot of land for growing vegetables.
Grammar: Countable and mainly British; the plot itself is called an allotment.
Patterns
- get an allotment letter
- an allotment letter from the council
After two years on the waiting list, we finally got an allotment letter from the council.
The allotment letter said our new plot was on the sunny side of the field.
Word forms
| plural | allotment letters |
|---|
Common combinations
- receive an allotment letter
- Investors who bought before Friday will receive an allotment letter.
- issue an allotment letter
- The bank will issue an allotment letter once the shares are confirmed.
- an allotment letter from the council
- She waved the allotment letter from the council and smiled.
- final allotment letter
- Keep the final allotment letter for your tax records.
Synonyms and how they differ
- share certificate
- A share certificate proves you own shares; an allotment letter is the earlier notice that shares have been given to you.
- offer letter
- An offer letter usually offers a job or a place; an allotment letter specifically confirms an allocation of shares or land.
Word family
Commonly confused: allotment letter or allocation letter?
allotment letter vs allocation letter
An allocation letter is a more general term for any letter assigning something; an allotment letter is mainly used for shares or council plots.
Practice
After the rights issue, each shareholder will ______ an allotment letter by post.
Choose one answer.
After the modal 'will', the base verb 'receive' is correct. 'Receives' would need a third-person subject without 'will', and 'received' is past tense.
Make it your own
Write a sentence using “allotment letter”, then check it and compare it with the examples above.