Subscription (finance)
Subscription refers to the process of investors signing up and committing to invest in a financial instrument, before the actual closing of the purchase.
Read more about Subscription (finance): Oversubscription, Oversubscription Adjustment
Famous quotes containing the word subscription:
“The mode of founding a college is, commonly, to get up a subscription of dollars and cents, and then, following blindly the principles of a division of labor to its extreme,—a principle which should never be followed but with circumspection,—to call in a contractor who makes this a subject of speculation,... and for these oversights successive generations have to pay.”
—Henry David Thoreau (1817–1862)