Definition of oversubscribed in English:



  • 1(of something for sale) applied for in greater quantities than are available.

    ‘shares on sale in Europe were oversubscribed’
    • ‘The two retail tranches were oversubscribed by about 1.57 times.’
    • ‘When the trust's shares were issued several years ago, they were well oversubscribed and were seen as an efficient way for investors to participate in the mid-term endowment policy market.’
    • ‘The flotation, which was 20 times oversubscribed, was a huge success.’
    • ‘Conduit was around 8 times oversubscribed which helped to push the price to the top of the range.’
    • ‘Once virtually guaranteed to make a mint from oversubscribed equity offerings, investment banks are now being forced to go way beyond the call of duty as advisers and put their own balance sheets on the line.’
    • ‘The share issue of Denway Investments in 1993 became the most oversubscribed issue in the history of the Hong Kong Stock Exchange.’
    • ‘The share placing was heavily oversubscribed and the company said it had raised the money to have the flexibility to look at small acquisitions.’
    • ‘When it raised $696 million in late October without breaking a sweat, individual investors in Hong Kong queued up to apply for shares in a deal that ended up being oversubscribed 50 times.’
    • ‘The share issue, which raised $890 million, was more than four times oversubscribed.’
    • ‘Underwriting commissions were due to be paid at a rate of 3.1 per cent of the product of the offer price, with a further 2.6 per cent on additional shares sold if the float was oversubscribed.’
    • ‘Although the IPO was heavily oversubscribed, the insiders did not exploit the chance to cash in some shares.’
    • ‘Traders remark by the time the issue closes, it may have been oversubscribed seven to eight times by retail investors and about 15 times by institutional investors.’
    • ‘The share sale was hugely oversubscribed and at one point the shares were 27% higher than the issue price of 850 rupees.’
    • ‘Speed said the company had offers of funding from several backers, and the funding round was oversubscribed.’
    • ‘He added that the issue was seven times oversubscribed.’
    • ‘The share offer was eleven times oversubscribed.’
    • ‘He said the company had initially planned to raise around €1 million in funding, but had taken ‘the pragmatic view’ when the round was oversubscribed.’
    • ‘The company raised €10 million in May, but decided to extend the round after it was oversubscribed by potential investors.’
    • ‘When Medco Energi Internasional of Indonesia put $150 million in bonds up for sale in May, the offer was eight times oversubscribed.’
    • ‘Because oversubscribed issues are subject to quantity rationing, uninformed investors may find that they are eventually allocated more overpriced issues.’
    1. 1.1 (of a course or institution) having more applications than available places.
      ‘the school is already oversubscribed, despite its fees’
      • ‘If the event is oversubscribed, unsuccessful applicants will be notified and their cheques returned.’
      • ‘At the same time, courses in business studies and the humanities are oversubscribed.’
      • ‘University boat clubs are oversubscribed and lots of schools are starting rowing which is great.’
      • ‘The course is limited to 60 people and was oversubscribed, due to the level of interest from members.’
      • ‘Further, the College of General Practitioners programme has been oversubscribed, with 90 applicants for the 55 places available.’
      • ‘The awards will help universities and colleges differentiate between candidates for oversubscribed courses.’
      • ‘Our very successful Church of England voluntary controlled school is oversubscribed, with 36 children in my son's class.’
      • ‘In the likely event that the programme is oversubscribed, applicants will be evaluated on their overall suitability for the programme.’
      • ‘Parents were told that because the school was oversubscribed this year, those children living furthest away within the catchment area could not have places.’
      • ‘The School District's school assignment policy considered race as one of the factors in deciding which students would be allowed into certain oversubscribed schools.’
      • ‘Needless to say her lectures were oversubscribed - at her opening address, 200 students turned up to a lecture hall designed for 35.’
      • ‘The school is oversubscribed, and North Yorkshire County Council has said that some children living furthest away within the catchment cannot have places this year.’
      • ‘Why Education Bradford wishes to close such an exceptional and oversubscribed school is beyond comprehension.’
      • ‘The school is already oversubscribed and congestion on Cottingley Road, which will be the main feeder road to the site, is also very worrying.’
      • ‘But, because the school is oversubscribed, new geographical priority areas were drawn up for 2005 criteria.’
      • ‘Each of these programmes runs for eight weeks (one evening per week) and are always oversubscribed.’
      • ‘The school is heavily oversubscribed, with around 600 applications for its 350 places each year.’
      • ‘The University, which claims to have ‘rigorous methods of distinguishing between very able candidates’, also quashed suggestions that they would introduce a lottery system for oversubscribed courses.’
      • ‘In recent years, boys at the heavily oversubscribed school have enjoyed state-of-the-art computer equipment, a new canteen, language centre and sixth form centre.’
      • ‘Most degree courses in top universities are oversubscribed.’