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Term of the Day - September 7, 2004
http://www.investopedia.com
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Term Of The Day: Oversubscribed
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When the demand for a new issue of securities (IPO) exceeds
the number of shares issued.
Investopedia Says:
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This happens when more people subscribe into the IPO than there
are shares issued. As a result, some people don't get the shares
they wanted.
Related Links:
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Tutorial: IPO Basics
http://www.investopedia.com/university/ipo/
Related Terms:
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IPO
http://www.investopedia.com/terms/i/ipo.asp
Security
http://www.investopedia.com/terms/s/security.asp
Undersubscribed
http://www.investopedia.com/terms/u/undersubscribed.asp
Have a Great Day!
The Investopedia Staff
http://www.investopedia.com
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