oversubscribed oversubscribed  /ˌoʊ vər səb ˈskraɪbd/

Definition(s):

  • (adj) sold in excess of available supply especially season tickets

Usage(s):

  1. Investors agreed: the bank's $1 billion global equity offering in April, the first major attempt at recapitalization by a Thai bank, was oversubscribed.
  2. The parents who successfully challenged the Seattle plan favored a pure choice approach, with a lottery to handle assignments at oversubscribed schools.
  3. Supernova watchers, meanwhile, are lobbying nasa for their own dedicated telescope so they won't have to queue up for time on the badly oversubscribed Hubble.

News

  1. America’s improving economy is lousy news for Apple bond holders

    It’s been six weeks to the day since Apple set records with the biggest corporate bond issue ever. The $17 billion worth of bonds of varying maturities were oversubscribed by a factor of three. Investors ...
    on June 11, 2013     Source: Quartz via Yahoo! Finance

  2. Fesco Bonds Raise $1 Billion in Month

    Fesco, the Russian shipping and logistics group, said a 5 billion roubles ($156 million) domestic bond issue was more than 2 ½ times oversubscribed.
    on June 6, 2013     Source: Journal of Commerce Online

  3. Gunvor Singapore Signs USD 850 Mil. Revolving Credit Facility

    SINGAPORE, SINGAPORE--(Marketwired - June 6, 2013) - Gunvor Singapore Pte Ltd (the " Borrower "), a wholly-owned subsidiary of Gunvor Group (" Gunvor "), has signed a USD 850 Mil. syndicated revolving credit facility (" RCF "). The facility, which launched at USD 650 Mil. and attracted over USD 1 Bil. in commitments, closed almost 60% oversubscribed. Its success represents continued strong ...
    on June 5, 2013     Source: Marketwire

Quotes

  1. "Already well over 800 000 applications have been received for the 743 000 tickets that have been made available in this first round of ticket sales, many of them coming from fans in Europe. This means that the tournament is already oversubscribed,...
    on Mar 26, 2009 By: Danny Jordaan Source: The Times

  2. President Rajapaksa said: "When for the first time our government went to the international markets and launched a Sri Lankan bond issue for US$ 500 million, it was oversubscribed by over three times the issue on offer, in the face of the many...
    on Oct 19, 2007 By: Mahinda Rajapakse Source: Ceylon Daily News

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