Dictionary

oversubscribed

so successful in sale that buyers want more stock than is available The huge demand for shares meant the issue was oversubscribed several times over.

Phrase Bank

  • The National Express group offer has been oversubscribed and the basis of allocation will be unveiled today.
  • The new issue was oversubscribed by a little more than 7 percent.
  • Never has an initial public offering been so oversubscribed.