Words / O / Business

oversubscribe

verb/ˌəʊvəsəbˈskraɪb/

C1CEFR level
78/100Rarity: rare
TechnicalRegister

To place orders for more of a security than is available in the offering.

The gilt auction was three times oversubscribed, forcing the syndicate to scale back allocations.

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance