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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.

subscribe

To use rights for ordering securities sold as a new issue.
References in periodicals archive ?
Real Estate Lawyers' Discussion Group address: DIRT+request@umkc.edu message: subscribe
Send subscription requests to listserve@tapnet.com, with this text in the message: "subscribe mgmt-acct"
Only sworn law enforcement officers, including retired, reserve, and auxiliary officers, may subscribe to POLICE-L.
When asked how RoweCom's Subscribe is different from traditional serials agents, Phil Adams, RoweCom's vice president of marketing and sales, said, "Fundamentally.
Eliot Aronstern, founder of the alt.arts.ballet group, said he recommends using a news service whenever possible--but if e-mail is the only Internet service you have, you can join the group by sending the message "subscribe ballet-modern-dance" to majordomo@netcom.com.
Shareholders who are ADIB customers have the option to subscribe via the bank's mobile banking app, via online banking or by visiting one of the ADIB branches, designated to receive subscriptions across the country.
Facebook had rolled out its 'subscribe' button back in September this year.
You will see a list of available Army Communities you can subscribe to.
For convenience, you can use your TAPPI membership renewal form to subscribe to TAPPI JOURNAL.
A listserve is an electronic mailing list, and you need only an e-mail address to subscribe and may unsubscribe at any time via e-mail.
If you're trying to keep abreast of farm animal issues, it's no longer necessary to subscribe to Beef magazine or Meat and Poultry News.