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 ?
Delta had overbooked the flight, leaving one fan who did not want to miss the Notre Dame Football game on Sunday extremely disappointed.
United said it would no longer call law enforcement to deny passengers boarding, nor would passengers who are already seated be required to give up their seats on overbooked flights.
Without enough volunteers to take later flights, airlines are forced to involuntarily "bump" passengers off overbooked flights.
I knew airlines overbooked because I have heard gate agents seeking volunteers in exchange for varying offers of compensation.
The incident, which occurred last Monday on flight EZY2383, came just one day after a doctor was violently manhandled off an overbooked flight in the US.
Videos posted on social media showed a screaming man being forcibly removed from an overbooked United Airlines flight before take-off.
But for one fan the wait almost went on after an overbooked flight left him stranded on the tarmac at Cardiff Airport.
If your economy seat has been filled and the flight overbooked, you might get bumped up.
When we got to Liverpool Airport we were told that it was overbooked and we were on standby.
Furthermore, Air Force Instruction 24-101, Transportation Passenger Movement, states, "The traveler may not keep compensation for 'denied boarding' when an airline does not allow a traveler to board an overbooked flight.
An El Al official said that the problems that the airline experienced Monday were due to a larger number of passengers arriving for flights than had been expected, with a number of flights overbooked.
the flight was overbooked and the airline cannot accommodate anyone else.