oversubscribedo‧ver‧sub‧scribed /ˌəʊvəsəbˈskraɪbd◂ $ ˌoʊvər-/ adjectiveBBTif something is oversubscribed, too many people have said that they want to use it or have itAll good schools are oversubscribed.
Examples from the Corpus
oversubscribed• The issue was oversubscribed and we will see other companies in this field coming to the market this year.• Favourabletreatment has been given to the small shareholder, when allocatingoversubscribed issues, in some of the privatisation issues.From Longman Business Dictionaryoversubscribedo‧ver‧sub‧scribed /ˌəʊvəsəbˈskraɪbd◂ˌoʊvər-/ adjectiveFINANCEan oversubscribed SECURITIES ISSUE has people asking for more shares etc than are available. If this happens, each buyerreceives fewer shares than they asked for, or there is a BALLOT to decide who will receive themThe bonds were oversubscribed, and there will be no unsold balance remaining, the underwriter said. —oversubscription noun [uncountable]Analysts expect them to receive only about 2.5% of the shares they ordered because of massive oversubscription.