allottees

[US]/əˈlɒtiː/
[UK]/əˈlɑːt̬iː/

Translation

n.A person who is given or allocated something, such as a share of stock or a plot of land.; In finance, a person who is granted the right to purchase shares in a company through an allocation process.; Someone who receives something that has been distributed or allocated to them.

Example Sentences

the allottee was thrilled to receive the keys to their new home.

each allottee received a fair share of the resources.

the committee carefully considered the applications of all the allottees.

the allottee of the apartment had to sign a lease agreement.

there was a long waiting list for those hoping to become allottees.

the new housing scheme aimed to provide affordable homes for allottees.

the allottee was responsible for maintaining the property they were given.

the success of the project depended on the cooperation of all the allottees.

the allottee was grateful for the opportunity to live in a safe and secure community.

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