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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

subscribe

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 ?
On the other hand, MTN lost 178,103 subscribers, dropping from 52,433,020 in May to 52,254,917 in June.
The GSM operators' active customers' figure increased by 21,491 in May after the 173,383,803 subscribers recorded in April 2019.
All a subscriber needed to do to enjoy any of these Roam and Home packages was to dial *555# and select the preferred pack.
In flat-rate billing systems, the percentage of power users is 32% greater than in usage-based billing systems, and the percentage of subscribers using more than 2 TB is 76% greater.
Creators with subscribers reaching hundreds of thousands will see their subscriber counts abbreviated to a flat hundred thousand.
'We have made strategic improvements by adding six more channels key in extending value for money to our Classic bouquet subscribers,' he said yesterday.
Online facility to view Statement of Account and ePRAN card was enabled for the ease access of account of APY subscribers, going ahead mobile applications for empowering the subscribers to view transactions and other details of their APY account was introduced.
embraces a new system that empowers subscribers to select which friends will receive their video recommendations.
ABI Research anticipates that the worldwide pay TV subscriber base will reach 1.1 billion subscribers in 2019.
Total number of customers on EvDO networks surged to 1.52 million, which account to 45 percent of market share in terms of broadband subscribers.
The subscribers and licensees etisalat and du are participating in the process of updating information and registration in order to put into action the new policies and procedures set by the campaign which has a timeline of 18 months until the beginning of 2014 and divided into six stages in order to successfully include the whole country in the registration process.
-- 4.7+ million health & beauty magazine subscribers