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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

reallowance  

Definition 1.

In securities underwriting, the amount paid to a broker/dealer who is not part of the syndicate in but who still sells shares in the offering.
 

Definition 2.

In securities underwriting, the fee that the underwriting group pays to a securities firm that isn't part of the syndicate, but who still sells shares in the offering.
 
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