oversubscription

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Oversubscription

The excess number of shares or bonds that investors want to buy but are not available due to high demand.

Oversubscription

A situation in which investors show so much interest in a new issue of a security that demand exceeds supply. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. If investors order more shares than there are shares being issued, the security is said to be oversubscribed. This may affect the price when the security is actually issued.

oversubscription

a situation in which the number of SHARES applied for in a new SHARE ISSUE exceeds the numbers to be issued. This requires the ISSUING HOUSE responsible for handling the share issue to devise some formula for allocating the shares. By contrast, undersubscription occurs when the number of shares applied for falls short of the number on offer, requiring the issuing house which has underwritten the shares to buy the surplus shares itself See CALLED-UP CAPITAL, PAID-UP CAPITAL.

oversubscription

a situation in which the number of SHARES applied for in a new SHARE ISSUE exceeds the numbers to be issued. This requires the ISSUING HOUSE responsible for handling the share issue to devise some formula for allocating the shares. By contrast, undersubscription occurs when the number of shares applied for falls short of the number on offer, requiring the issuing house that has underwritten the shares to buy the surplus shares itself. See CAPITAL MARKET.
References in periodicals archive ?
This led to some instances of an order getting over-booked for a product that was sold out just a few seconds ago.
Finding a temporary shelter for dogs and cats or arranging a pet-sitter can be daunting proposition as most pet care centres in town are already over-booked with long waiting lists.
Over-booked restaurants, under-cooked food and poor old mum trying to pretend it's the best time she's had since the grand final of The X Factor.
5, 2013 /PRNewswire/ -- So many of us lead over-booked lives these days that it can be tough to focus on healthy habits, such as eating right and exercising regularly.
Gailani added, "finalising the venue became our biggest challenge as most of the galleries and fine-art society venues are over-booked months in advance, so we kept moving the dates till Bait Al Zubair Foundation signed up to support this initiative.
JUST as Wimbledon ensures municipal tennis courts are over-booked for a fortnight a year, so British success in the Tour de France and Olympics has shone a spotlight on cycling.
Stranded Canadian passengers win right to choose Passengers on Canada's major airlines will soon have more options when their flights are over-booked, delayed or cancelled, following a ruling by the Canadian Transportation Agency.
Germi carefully writes Fellini's altogether different film -- which also starred Mastroianni (in a not altogether different role) -- into his own, by having its local release provoke such a scandal that Agramonte's men race to the over-booked cinema with their own chairs.
With about 43,000 people expected to travel to their hometowns, pressure for tickets will be high, the Ministry said, adding that it decided to run eight more trains to meet the crowding on over-booked trains during and after the feast.
A lot of workers are returning from India, which has caused flights to be over-booked," he said.
He arrived two hours early for a flight to Zurich, only to find it over-booked by BA.
Beatles producer Sir George Martin was among the frustrated passengers when he found his flight to Zurich was over-booked.