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Updated live from Wikipedia, last check: May 29, 2012 09:06 UTC (38 seconds ago)

From Wikipedia, the free encyclopedia

Allotment may refer to:

  • Allotment (gardening), a small area of land, let out at a nominal yearly rent by local government or independent allotment associations, for individuals to grow their own food.
  • Allotment (financial), a method of distributing securities to investors when an issue has been oversubscribed.
  • Allotment (travel industry), a block of pre-negotiated carrier seats or hotel rooms held by a travel organizer till a certain period of time.
  • Sortition, also known as allotment, is a method of selection by some form of lottery such as drawing coloured pebbles from a bag.
    • In Athenian democracy, allotment was the principle form of democratic choice with most magistrates and their large juries chosen this way; the Athenians considered allotment to be more democratic than elections.
  • Dawes General Allotment Act, a United States legislation of 1887 authorizing the President to survey Native American land and divide the arable area into allotments for the individual Native American.
  • Grazing allotment under the Bureau of Land Management; utilizes public domain by western ranchers under various conservation regulations.
  • Soil Conservation and Domestic Allotment Act, United States legislation of 1935 allowing the government to pay farmers to reduce production
  • The Allotment, a 1988 book by Colin Ward
  • A neighbourhood in a suburban area.

1911 encyclopedia

Up to date as of January 14, 2010

From LoveToKnow 1911

ALLOTMENT (from 0. Fr. a and loter, to divide by lot), the act of allotting; a share or portion assigned. In England, the term denotes a portion of land assigned on partition or under an inclosure award (see Commons); also a division of land into small portions for cultivation by a labourer or artisan at a small rent (see Allotments And Small Holdings). In company law, "allotment" is the appropriation to an applicant by a resolution of the directors of a certain number of shares in response to an application. The document sent to such an applicant, which announces the number of shares assigned and concludes the contract, is called a letter of allotment or allotment certificate.

A letter of allotment in England requires a sixpenny stamp if the value of the shares amounts to f5 or over, and a penny stamp if less than L5. (See Company.) Allotment note is a writingby aseaman authorizing his employers to make an allotment of part of his wages, while he is on a voyage, in favour either of a "near" relative (wife, father, mother, grandfather, grandmother, child, grandchild, brother or sister of the seaman), or of a savings bank. Every allotment note must be in a form sanctioned by the Board of Trade.


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