Substantiv
The act or process of devolving.
Gebrauch- zählbar
- nicht zählbar
- Synonyme
The act or process of devolving. 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.
Gebrauch- India
- zählbar
- nicht zählbar
Substantiv
the delegation of authority (especially from a central to a regional government)
- Synonyme