What does devolvement mean?
Definitions for devolvement
de·volve·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word devolvement.
Princeton's WordNet
devolution, devolvementnoun
the delegation of authority (especially from a central to a regional government)
Wiktionary
devolvementnoun
The act or process of devolving; devolution.
Wikipedia
Devolvement
In the investment banking sector, particularly in India, devolvement is 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. This is also known as hard underwriting. The Securities and Exchange Board of India publishes guidelines and a recommended method of computation relating to the extent of the devolvement onto a particular underwriter in the case where there are multiple underwriters, or sub-underwriters.
ChatGPT
devolvement
Devolvement refers to the transfer or delegation of duties, tasks, power, or authority from a higher level to a lower one, such as from a central government to regional authorities. It may also refer to a situation in which a responsibility or obligation falls onto someone after another person's failure or inability to fulfill it.
Webster Dictionary
Devolvementnoun
the act or process of devolving;; devolution
Matched Categories
Numerology
Chaldean Numerology
The numerical value of devolvement in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of devolvement in Pythagorean Numerology is: 2
Translations for devolvement
From our Multilingual Translation Dictionary
- devolvementTurkish
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"devolvement." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/devolvement>.
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