Definition of undersubscribed in English:

Share this entry


Pronunciation: /ʌndəsəbˈskrʌɪbd/


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
More example sentences
  • 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(Of a share issue) having fewer applications for shares than there are shares available: flotation of the company’s shares has been largely undersubscribed
More example sentences
  • 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.

For editors and proofreaders

Line breaks: under|sub¦scribed

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.