释义 |
undersubscribed
un·der·sub·scribed U0060200 (ŭn′dər-səb-skrībd′)adj. Having fewer participants or subscribers than desirable.undersubscribed (ˌʌndəsəbˈskraɪbd) adj1. having more places available than the demand for them2. (Stock Exchange) stock exchange having a demand that is less than the shares issuedTranslationsundersubscribed
UnderbookedDescribing a situation in which investors show a lack of interest in a new issue of a security. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion of the new issue. If investors do not show interest, the security is said to be underbooked. This may affect the price when the security is actually issued. See also: Fully circled.undersubscribed Of or relating to a new issue of securities for which demand from investors is less than the number of securities to be issued. |