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 ?
Most safari lodges in the Serengeti and Masai Mara are over-booked during this period of the migration and securing any accommodation space if you are trying to make a booking at the last minute, can be extremely difficult.
The tabloid claimed Prince William was fully supportive of Kate wanting to take a backseat to their life in the limelight but that his grandmother was not, reportedly "scolding" the Duke of Cambridge for complaining about his wife's over-booked social calendar.
As per those rules, the viral video of a man being dragged off a United aircraft that was over-booked was a violation of policy.
We have read about a record increase in arrivals, over-booked hotels, an extended tourist season, big revenue boost and so forth.
During office hours it is clear that GPs in Wales are overstretched, over-booked, undersupported and exhausted.
We were over-booked for this particular session and chose the attendees on a first come first serve basis.
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.
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.