Definition of undersubscribed in English:



  • 1(of a course or event) having more places available than applications.

    ‘science courses continue to be undersubscribed in our universities’
    ‘the seminar was embarrassingly undersubscribed’
    • ‘Schools that are undersubscribed year after year should be closed down or reconstituted.’
    • ‘In over 70 sessions on business there are no more than half a dozen in and around this territory - and they tend to be undersubscribed.’
    • ‘There are other schools within a 10-mile bus ride that are undersubscribed.’
    1. 1.1(of a share issue) having fewer applications for shares than there are shares available.
      ‘flotation of the company's shares has been largely undersubscribed’
      • ‘Thirdly, if a bank agrees to underwrite an issue of securities, it commits itself to take them up in the event that the issue is undersubscribed.’