allotment
noun [ C or U ]
uk/əˈlɒtmənt/ usthe process of sharing something, or the amount or share of something that someone or something is given:
The trade body labeled as illegal last year's allotment of $3.2 billion in cotton subsidies.
STOCK MARKET
the amount of shares that someone is given when new shares are being made available:
an allotment of 200 bonus shares
See also
letter of allotment