Define: Letter Of Renunciation

UK Accounting Glossary

Definition: Letter Of Renunciation



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Full Definition of Letter Of Renunciation


A letter of renunciation is a form in the style of a letter signed by the holder named on an allotment letter who wishes to renounce his/her right to the shares specified in the allotment.

The letter of renunciation is addressed to the company’s directors and tells them of the named holder’s wish to renounce the allotment in favour of another named person.


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Letter Of Renunciation. PayrollHeaven.com. Retrieved March 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/letter-of-renunciation/

Definition Sources


Definitions for Letter Of Renunciation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.