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Subscription

An agreement to buy a new issue of a security before it is actually issued. Before a new issue, underwriters canvass potential investors, who may or may not make an order to buy a portion of the new issue. The extent to which the issue is subscribed may affect the price when the security is actually issued. It is important to note that a subscription is not binding, as it is illegal to sell a security that has not actually been issued. To subscribe is also called to book. See also: Overbooked, Underbooked.

subscribe

To use rights for ordering securities sold as a new issue.
References in classic literature ?
As for Raffles, he concluded his far too genial remarks by predicting that, whatever Nasmyth might say or think of the new fund, he would subscribe to it as handsomely as any of us, like "the generous good chap" that we all.
Monsieur Rabourdin is a liberal; he subscribes to the 'Journal des Debats,' a dangerous newspaper, which made war on Monsieur le Comte de Villele to please the wounded vanity of Monsieur de Chateaubriand.
She can't afford to buy them or subscribe for them.
Yes, I paid it, every farthing,' replied Squeers, who seemed to know the man he had to deal with, too well to suppose that any blinking of the question would induce him to subscribe towards the expenses; 'I wasn't out of pocket by it after all, either.
The chiefs and people resolved to subscribe and complete the sum which was wanting; Captain Fitz Roy urged that it was hard that their private property should be sacrificed for the crimes of distant islanders.
The oath of allegiance is tendered to him; he must either subscribe or stretch out his neck to the executioner; the fool takes the latter course, the coward subscribes, the wise man strikes a last blow for liberty--in his own heart.
By all means subscribe to charities--subscribe to them largely--but don't get carried away by absurd schemes of Social Reform.
In leaving the Mall, Miss Amelia carries with her the hearts of her companions, and the affectionate regards of her mistress, who has the honour to subscribe herself,
Oh, my young friend, who else could have resisted the pleading of sixteen of our fairest sisters, and withstood their exhortations to subscribe to our noble society for providing the infant negroes in the West Indies with flannel waistcoats and moral pocket-handkerchiefs?
In addition to those fine engravings from Garnery, there are two other French engravings worthy of note, by some one who subscribes himself h.
The company surveyed 3,449 people who subscribe to its podcasting portal, Podcasting Juice.
Sites that offer RSS feeds typically have orange-colored buttons labeled RSS or XML (RSS is based on XML technology) that users simply click to subscribe.