Words / O / Business

overallotment

noun/ˌəʊvərəˈlɒtmənt/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

An option letting underwriters sell more shares than originally offered to meet excess demand.

Strong demand led the syndicate to exercise the overallotment in full, lifting total proceeds by 15%.

Similar: greenshoe

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance