Oversubscription privilege

In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up.

Similar financial terms

Oversubscription
An oversubscription of shares on an IPO means that there was much more demand than supply of shares on an initial offering.

Mutual Fund Switching Privileges
Allow an investor to switch out of and into a different fund(s) within the same family of funds at very low or no compensation.

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Kappa

The ratio of the dollar price change in the price of an option to a 1% change in the expected price volatility.


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