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

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To use rights for ordering securities sold as a new issue.
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.
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.
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.
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.