An "oversubscribed" issue refers to a situation where there is more demand from Investors than securities offered by the issuer. "Undersubscribed" describes the opposite situation.An issue or a syndication which is "oversubscribed" is when the amount offered to lenders or Investors is below the amount desired (subscribed) by those lenders/Investors. The opposite is "Undersubscribed". Related terms are "undersubcription" and "oversubscription".

(See Chapter 26 Value and corporate finance of the Vernimmen)

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