special subscription account

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Special Subscription Account

A brokerage account into which one deposits cash exclusively for buying securities to which one has a subscription privilege. A subscription privilege is a right to buy more shares in a company one already holds before the shares become available to the general public. One may open a special subscription account to take advantage of these opportunities if and when they arise.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

special subscription account

A brokerage account opened for the purpose of purchasing stock issued by use of preemptive rights.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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