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devolvements (0 synonym found)
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devolvement · evolvements · evolvement · involvements · revolvement
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Definition of devolvements:
(n) :
The act or process of devolving.
(n) :
(banking, India) A process whereby if an investment issue is undersubscribed, an underwriter is required to subscribe to the remaining shares; the outstanding unsubscribed amount devolves onto the underwriter.
Definition of devolvements:
(n) :
The act or process of devolving.
(n) :
(banking, India) A process whereby if an investment issue is undersubscribed, an underwriter is required to subscribe to the remaining shares; the outstanding unsubscribed amount devolves onto the underwriter.
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