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Subscription
(redirected from Stock Subscription)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 sec.
Subscription
Agreement to buy new issue of securities.

Subscription
An agreement to buy a new issue of a security before it is actually issued. Before a new issue, underwriters canvass potential investors, who may or may not make an order to buy a portion of the new issue. The extent to which the issue is subscribed may affect the price when the security is actually issued. It is important to note that a subscription is not binding, as it is illegal to sell a security that has not actually been issued. To subscribe is also called to book. See also: Overbooked, Underbooked.


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8 percent equity stake in Nireco, filed the petition with the Tokyo District Court to prevent the Japanese firm from issuing free stock subscription warrants for shareholders in the event of a takeover bid undesired by the company, they said.
NYSE, TSX: AL), at the request of the French Commission des Operations de Bourses ("COB"), clarifies the liquidity arrangements offered to holders of Pechiney stock purchase options and Pechiney stock subscription options in the event that its public offer succeeds.
The obligation is a promissory note by Hardee in the principal amount of $1,444,445 made to Elk International Corporation Limited ("Elk"), MicroTel's principal shareholder, and assigned to MicroTel on November 8, 1994 as payment of a stock subscription by Elk to acquire shares of common stock of MicroTel.
 
 
 
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