devolvement — English Dictionary

Noun

1. The act or process of devolving.

   Usage

   • Countable
   • Uncountable

   Synonyms

   devolution

2. 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.

   Usage

   • India
   • Countable
   • Uncountable

Noun

1. the delegation of authority (especially from a central to a regional government)

   Synonyms

   devolution

   Broader terms

   delegatingdelegationrelegatingrelegationdeputation