overbooked


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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.

overbooked

References in periodicals archive ?
After a humongous week of pre-orders that saw the device being more overbooked than last year's HUAWEI Y7 Prime 2018, the latest variant of Huawei's successful Y Series hits the shelves today.
This is not the first incident when an airline was slammed over removing passengers due to an overbooked flight.
At an adjacent gate, however, an outgoing flight was overbooked and the gate agent repeatedly offered travel vouchers equal to $300, then $400, then $500, without getting a volunteer to give up their seat.
However, after it emerged the flight was overbooked, passengers were asked to give up their seats so the plane could depart - with six people missing out on the match.
Often, this is a result of flights' being overbooked, as airlines try to fill as many seats as possible.
United Airlines said on Thursday it would offer passengers who volunteer to forfeit their seats on overbooked flights up to $10,000 as part of the carrier's efforts to repair the damage from the rough removal of a passenger.
United Airlines has said it will offer passengers up to $10,000 to surrender seats on overbooked flights to repair the damage from the rough removal of a passenger.
I fly about three times a year, always because I need to get somewhere and back on a fairly tight schedule, so I was blissfully ignorant of the finer points of airline compensation for passengers bumped from overbooked flights.
TWO easyJet passengers were ordered to leave an overbooked flight and told they would have to wait four days before they could travel again.
The sight of 69-year-old grandfather Dr David Dao being evicted from the flight to make way for United staff after the airline overbooked was a disgrace.
Summary: Video of a screaming man being forcibly removed from an overbooked United Airlines flight goes viral
This could be anything from a missed flight or connection to being on an overbooked flight to having an entire trip cancelled due to circumstances outside their control," said Rawling.