devolvement
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English
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Noun
[edit ]devolvement (countable and uncountable , plural devolvements )
- The act or process of devolving.
- Synonym: devolution
- (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.
Categories:
- English terms suffixed with -ment
- English terms derived from the Proto-Indo-European root *welH-
- English terms derived from the Proto-Indo-European word *de
- English terms derived from the Proto-Indo-European word *déh1
- English lemmas
- English nouns
- English uncountable nouns
- English countable nouns
- en:Banking
- Indian English