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English definition of “oversubscribed”

oversubscribed

adjective     /ˌəʊvəsəbˈskraɪbd/
STOCK MARKET if a share issue (= occasion on which new shares are sold) is oversubscribed, people want to buy more shares than are available: 5/10/50, etc. times oversubscribed The initial public offering of the internet service provider has been more than 20 times oversubscribed. The company was valued at €20.8 billion in a heavily oversubscribed flotation.
a situation in which people want to buy or have many more things, such as tickets, than are available: The school has an excellent reputation and is heavily oversubscribed.
oversubscription noun [C or U]
(Definition of oversubscribed adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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