Crossword clues for devolvement
The Collaborative International Dictionary
Devolvement \De*volve"ment\, n. The act or process of devolving;; devolution.
Wiktionary
n. The act or process of devolving; devolution.
WordNet
n. the delegation of authority (especially from a central to a regional government) [syn: devolution]
Wikipedia
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.
Usage examples of "devolvement".
The theft of the Flowers, the ravaging of that garden planet, the overnight devolvement of the Invid, the war that had raged across the face of countless worlds .