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Undersubscribed

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Underbooked
Describing a situation in which investors show a lack of interest in a new issue of a security. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion of the new issue. If investors do not show interest, the security is said to be underbooked. This may affect the price when the security is actually issued. See also: Fully circled.
undersubscribed
Of or relating to a new issue of securities for which demand from investors is less than the number of securities to be issued.
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Additionally, recruits who enter into specialist or undersubscribed roles can also gain a golden hello, with accelerated promotion also achievable for those with A-level qualifications.
Have you considered the Army? by Evening Chronicle (Newcastle, England)
The PWC report will reveal that there are now three applications for every place at an academy - most of the predecessor schools were among the worst in the country and hugely undersubscribed.
Academies accused of covert selection as number of poorer pupils falls by guardian.co.uk / guardian.co.uk
On Tuesday, the ECB offered two one-day loans of 30 and 50 billion dollars, with the first drawing heavy demand and setting a steep rate of 11 percent, while the second was undersubscribed and saw the rate plunge to 0.
ECB renews one-day loans of 50 billion dollars by AFP / AFP Global Edition
 
 
 
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