oversubscribed
B2CEFR level
60/100Rarity: rare
TechnicalRegister
Law adjective
Attracting applications for more shares than are available in an offering.
The placing was three times oversubscribed, letting the sponsor scale back allocations.
Business adjective
Describing an offering for which investor demand exceeds the number of securities available.
The bond issue was three times oversubscribed, forcing allocations to be scaled back.
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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