Subject

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Subject

Refers to a bid or offer that cannot be executed without confirmation from the customer. In other words, not firm, but a bid/offer that needs additional information/confirmation before becoming firm and is therefore still negotiable.

Subject

Describing a bid or offer for a security that is still negotiable. That is, a subject bid/offer is not firm and requires confirmation before a transaction involving it can be executed.
References in classic literature ?
Subjected to his service Angel wings, And flaming Ministers to watch and tend Thir earthlie Charge: Of these the vigilance I dread, and to elude, thus wrapt in mist Of midnight vapor glide obscure, and prie In every Bush and Brake, where hap may finde The Serpent sleeping, in whose mazie foulds To hide me, and the dark intent I bring.
He had the mysterious juruparis of the Rio Negro Indians, that women are not allowed to look at and that even youths may not see till they have been subjected to fasting and scourging, and the earthen jars of the Peruvians that have the shrill cries of birds, and flutes of human bones such as Alfonso de Ovalle heard in Chile, and the sonorous green jaspers that are found near Cuzco and give forth a note of singular sweetness.
The viceroy of Tigre had inquired of me a few days before how many men one India ship carried, and being told that the complement of some was a thousand men, he compared that answer with the report then spread over all the country, that there were eighteen Portuguese vessels on the coast of Adel, and concluded that they were manned by an army of eighteen thousand men; then considering what had been achieved by four hundred, under the command of Don Christopher de Gama, he thought Abyssinia already ravaged, or subjected to the King of Portugal.
Whether any one who has been subjected by the laws of his country to an unjust judgment is right in attempting to escape, is a thesis about which casuists might disagree.
The States within the limits of whose colonial governments they were comprised have claimed them as their property, the others have contended that the rights of the crown in this article devolved upon the Union; especially as to all that part of the Western territory which, either by actual possession, or through the submission of the Indian proprietors, was subjected to the jurisdiction of the king of Great Britain, till it was relinquished in the treaty of peace.
The bourgeoisie has subjected the country to the rule of the towns.