devolvement
The act or process of devolving.
Noun
- The act or process of devolving.
Synonyms: devolution
-
(banking, India) 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.
Synonyms: devolution
-
Origin
Etymology tree Proto-Indo-European *de Proto-Indo-European *-h₁ Proto-Indo-European *déh₁ Proto-Italic *dē Latin dē Latin dē- Proto-Indo-European *welH-der. Proto-Italic *wolwō Latin volvō Latin dēvolvōbor. English devolve Proto-Indo-European *-mn̥ Proto-Indo-European *-mn̥tom Proto-Italic *-mentom Latin -mentum Old French -mentbor. Middle English -ment English -ment English devolvement From devolve + -ment.