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What (who) is allot shares - definition
Allot Communications Ltd.; Allot Communications
allot
¦ verb (allots, allotting, allotted) give or apportion (something) to someone.
Derivatives
allottee noun
Origin
C15: from OFr. aloter, from a- (from L. ad 'to') + loter 'divide into lots'.
allot
v. a.
1.
Distribute, divide, measure, apportion, deal, dispense, parcel out, deal out, give out, mete out, portion out.
2.
Assign, appoint, destine, destinate, grant, give.
Robert Allot
ENGLISH BOOKSELLER AND PUBLISHER
Allot, Robert
Robert Allot (died 1635) was a London bookseller and publisher of the early Caroline era; his shop was at the sign of the black bear in St. Paul's Churchyard.
Wikipedia
Allot
Allot Ltd., formerly Allot Communications, is an Israeli high-tech company that develops telecommunications software. The company is headquartered in Hod Hasharon, Israel.
Examples of use of allot shares
1. Vaidya, Bureau Chief Muscat ÷ Oman‘s privatisation drive will get another boost today when shares of the state–owned Oman Telecommunications Company (Omantel) are listed on the Muscat Securities Market (MSM). The Capital Market Authority (CMA) has decided to allot shares to all eligible applicants of Omantel‘s initial public offering (IPO), with a maximum of 2,850 shares to an individual investor.