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overtook
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oversubscription privilege
o·ver·sub·scrip·tion priv·i·lege


noun 
Definition:
 
finance arrangement for stockholders to get extra: an arrangement in a rights issue that allows existing stockholders to apply to buy any shares that are not taken up
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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