devolvement
devolvement · devolvements
The act or process of devolvingThe act or process of devolving.
Meaning
2 senses(countable, uncountable)The act or process of devolving.
The act or process of devolving.
(India, countable, uncountable)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.
More definitions
- the delegation of authority (especially from a central to a regional government)
Forms
plural: devolvements| Singular | devolvement |
|---|---|
| Plural | devolvements |
regular
Synonyms
1 synonymsClose in meaning
- the delegation of authority (especially from a central to a regional government):devolution
Word family
1 related wordsRelateddevolve
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable