overbooked


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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

References in periodicals archive ?
We were told by airport staff it happens a lot with passengers being told flights are overbooked, because sometimes passengers don't fly and it's how they keep their costs low.
We are still overbooked for the coming month and 90 percent of our vehicles are claimed by Lebanese expats," he said.
But the 44-year-old said he was turned away from the audience queue after being told the arena had been overbooked.
Designed for inexperienced travellers as well as people who fly regularly, the app tells users what to do in the event of a delay, cancellation or overbooked flight, allowing them to get information in real time and make changes quickly.
In other words, you can actually get bumped off your scheduled flight without your permission because the seats have been overbooked.
The Dog Ate My Planner: Tales and Tips From an Overbooked Life" is an inspirational guide for those who try their hardest to stay by their schedules but ultimately always find themselves falling to circumstance.
Not only were we on time in a new plane, but it was overbooked and they bumped us up to first class.
They were offered pounds 250 each if they agreed to miss the overbooked flight - but when Mr Bell said he could not leave them, seats were found.
The energy giant shocked investors when it revealed it had overbooked its oil and gas reserves by 20% but yesterday said it had agreed to the settlement for non-US investors "without admitting any wrongdoing".
They have been introduced to protect passengers on both scheduled and charter flights when services are overbooked, cancelled or delayed.
Passengers who are ' bumped off' flights because the airline has overbooked will be entitled to immediate compensation of between pounds 175 and pounds 420 depending on the length of their flight.