Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Oversubscription
A situation in which there are more subscribers to a new issue of securities than there are securities available for purchase.
Subscriptio
n. [Latin] Roman law. 1. A signature, esp. a name written under or at the bottom of a document to authenticate it. 2. A signature to a will, required in certain cases in addition to the seals of witnesses.
Subscription
n. 1. The act of signing one's name on a document; the signature so affixed. 2. Securities. A written contract to purchase newly issued shares of stock or bonds. - Also termed (in connection with stock) stock subscription. 3. An oral or a written agreement to contribute a sum of money or property, gratuitously or with consideration, to a specific person or for a specific purpose. - Also termed (insense 3) subscription contract. - subscribe, ub. - subscriber, n.
privileged subscription
See RIGHTS OFFERING.
stock subscription
See SUBSCRIPTION (2).
subscription contract
See SUBSCRIPTION (3).
subscription list
An enumeration of subscribers to an agreement, periodical, or service.
subscription price
See SUBSCRIPTION PRICE.
subscription privilege
See PREEMPTIVE RIGHT.
subscription right
A certificate evidencing a shareholder's right (known as a preemptive right) to purchase newly issued stock before the stock is offered to the public. & Subscription rights have a market value and are actively traded because they allow the holder to purchase stock at favorable prices. - Also termed stock right. See PREEMPTIVE RIGHT.
subscription warrant
An instrument granting the holder a long-term (usu. a five- to ten-year) option to buy shares at a fixed price. 0 It is commonly attached to preferred stocks or bonds. - Also termed warrant; stock warrant.