undersubscribed


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Underbooked

Describing a situation in which investors show a lack of interest in a new issue of a security. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion of the new issue. If investors do not show interest, the security is said to be underbooked. This may affect the price when the security is actually issued. See also: Fully circled.

undersubscribed

Of or relating to a new issue of securities for which demand from investors is less than the number of securities to be issued.
References in periodicals archive ?
If you don't draw during the lottery, a scouting trip to knock on doors or polite phone calls can gain you access in an undersubscribed area.
Trusts from international market after challenging situations such as financial loss and undersubscribed for the right issue in 2014.
Flintshire has 4,295 surplus places across its 80 schools, meaning that one in six places are unfilled, and thousands of pounds are being spent on running undersubscribed classrooms.
The BHA will next week begin a three-month trial of removing undersubscribed races from the calendar, one of a number of measures announced in October designed to tackle the problem of small fields.
Not only financial advisors would prefer to stay away from Pakistan but Sukuk issue may also remain undersubscribed.
Doe permits likely will become available again in early October for undersubscribed Zones 10, 11, 13, and 14.
6) If the exchange offer is undersubscribed, CBS would use additional exchange offers or a special dividend to all CBS shareholders to complete the disposition of its CBSO shares.
If the offer is undersubscribed, CBS will launch additional exchange offers or a special dividend to all CBS shareholders to complete the divestment of its CBS Outdoor shares.
distribution of shares to the public, benefiting from an undersubscribed
1 per cent jump despite an initial public offering (IPO) that went out undersubscribed and lower priced than hoped.
1 per cent jump despite an IPO that went out undersubscribed and lower priced than hoped.
J-1 visa program is popular means for Irish youths to work temporarily in the United States; a bilateral program expansion in 2008 that provides further opportunities for recent graduates to spend up to 1 year in the United States has been undersubscribed.