Meaning of “oversubscribed” in the English Dictionary

"oversubscribed" in English

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uk /ˌəʊ.və.səbˈskraɪbd/ us /ˌoʊ.vɚ.səbˈskraɪbd/

(Definition of “oversubscribed” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"oversubscribed" in Business English

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uk /ˌəʊvəsəbˈskraɪbd/ us

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.

The level of oversubscription is greater than we might have expected.

(Definition of “oversubscribed” from the Cambridge Business English Dictionary © Cambridge University Press)