oversubscription

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Oversubscription

The excess number of shares or bonds that investors want to buy but are not available due to high demand.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

oversubscription

a situation in which the number of SHARES applied for in a new SHARE ISSUE exceeds the numbers to be issued. This requires the ISSUING HOUSE responsible for handling the share issue to devise some formula for allocating the shares. By contrast, undersubscription occurs when the number of shares applied for falls short of the number on offer, requiring the issuing house which has underwritten the shares to buy the surplus shares itself See CALLED-UP CAPITAL, PAID-UP CAPITAL.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

oversubscription

a situation in which the number of SHARES applied for in a new SHARE ISSUE exceeds the numbers to be issued. This requires the ISSUING HOUSE responsible for handling the share issue to devise some formula for allocating the shares. By contrast, undersubscription occurs when the number of shares applied for falls short of the number on offer, requiring the issuing house that has underwritten the shares to buy the surplus shares itself. See CAPITAL MARKET.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
When she arrived in Madrid the hire car company said they had over-booked so simply refunded her.
Most safari lodges in the Serengeti and Masai Mara are over-booked during this period of the migration and securing any accommodation space if you are trying to make a booking at the last minute, can be extremely difficult.
According to Life & Style's initial report, a royal insider shared that Kate is "happiest being a mother" to her two children and has "requested to do less in the public eye." The tabloid claimed Prince William was fully supportive of Kate wanting to take a backseat to their life in the limelight but that his grandmother was not, reportedly "scolding" the Duke of Cambridge for complaining about his wife's over-booked social calendar.
As per those rules, the viral video of a man being dragged off a United aircraft that was over-booked was a violation of policy.
We have read about a record increase in arrivals, over-booked hotels, an extended tourist season, big revenue boost and so forth.
During office hours it is clear that GPs in Wales are overstretched, over-booked, undersupported and exhausted.
We were over-booked for this particular session and chose the attendees on a first come first serve basis.
This led to some instances of an order getting over-booked for a product that was sold out just a few seconds ago.
Finding a temporary shelter for dogs and cats or arranging a pet-sitter can be daunting proposition as most pet care centres in town are already over-booked with long waiting lists.
Over-booked restaurants, under-cooked food and poor old mum trying to pretend it's the best time she's had since the grand final of The X Factor.
Gailani added, "finalising the venue became our biggest challenge as most of the galleries and fine-art society venues are over-booked months in advance, so we kept moving the dates till Bait Al Zubair Foundation signed up to support this initiative.