verb
- to subscribe for more of something (such as shares or tickets) than is available
- to have more applications or requests than can be accommodated
Usage: finance; business
Examples
- The IPO was oversubscribed by 300%, indicating strong investor demand.
- The popular concert was oversubscribed within minutes of tickets going on sale.
- Many universities oversubscribe their freshman classes, expecting some students to decline admission.
- The bond issue was heavily oversubscribed, allowing the company to raise more capital than expected.
- The airline regularly oversubscribes flights to account for no-shows.
- Investors oversubscribed the new mutual fund by nearly $2 billion.