Subscription

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Subscription

Agreement to buy new issue of securities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
This subscription was successful beyond all expectation; notwithstanding that it was a question not of lending but of giving the money.
Subscription lists were opened in all the principal cities of the Union, with a central office at the Baltimore Bank, 9 Baltimore Street.
Fifty-two thousand rix-dollars were the remittance of Sweden and Norway; the amount is large for the country, but it would undoubtedly have been considerably increased had the subscription been opened in Christiana simultaneously with that at Stockholm.
"It is, indeed, my Lady." Rich and generous as he knew his mistress to be, her proposal to pay the whole subscription took the steward by surprise.
If I relieve them anonymously in their present trouble, I spare them the exposure of a public subscription, and I do what I believe his Lordship would have done himself if he had lived.
"Today, we're piloting subscriptions with a small number of groups to continue to support group admins who lead these communities," Facebook Groups product director (https://newsroom.fb.com/news/2018/06/introducing-subscription-groups/) Alex Deve said .
Mark Thompson, president and chief executive officer, The New York Times Company, said, "We had another strong quarter and we're continuing to optimize our business to deliver on our goal of reaching 10 million total subscriptions by 2025.
After opening the Menu, scroll to the bottom and look for the option that says "Manage Subscriptions." Then, scroll to the Apple News+ subscription.
From Netflix, Spotify and Amazon Prime to Blue Apron, Birchbox and beer of the month, your debit or credit card statements are likely littered with subscriptions that are costing you dearly.
Subscriptions are such a success in the B2C arena because they solved these issues.
Santa Clara- Mobile subscriptions have been on an upward trend in the latest decade, especially after the increase in smartphones' penetration.