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Overbooked
(redirected from overbook)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
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.

overbooked


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With summer holidays not far away, it's time to review what overbooking is, why airlines overbook their flights and what you as a traveller can do about it.
Around 250,000 people a year are left waiting in airports because airlines overbook their flights.
Airlines say they overbook flights because some travelers don't show up and some tickets are refundable.
 
 
 
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