overissue

American  

[oh-ver-ish-oo, -is-yoo] / ˈoʊ vərˌɪʃ u, -ˌɪs yu /

noun

1. an excessive issue of stocks or bonds, as in excess of the needs of the business or in excess of charter authorization.

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overissue British  

/ ˈəʊvərˌɪsjuː, -ˌɪʃuː /

verb

1. to issue (shares, banknotes, etc) in excess of demand or ability to pay

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noun

1. shares, banknotes, etc, thus issued

Etymology

Origin of overissue

First recorded in 1795–1805; over- + issue

Example Sentences

Those shows never have to overissue for a full house.

From The Guardian • Jul. 10, 2010

Again it was Lavine who was credited with the first expose in 1927 of the $40,000,000 collapse of the Julian Corporation under an overissue of 4,000,000 shares of stock.

From Time Magazine Archive

Tight money, or news from Europe, or an overissue of similar bonds; next week it would be better.

From Colonel Carter of Cartersville by Smith, Francis Hopkinson

The panic of 1873, which prostrated all business, was the result of the excesses of the war, the overissue of legal tender and the feverish, unhealthy expansion that followed.

From Ethics in Service by Taft, William H.

He insisted that John Law's notes at first restored prosperity, but that the wretchedness and ruin they caused resulted from their overissue, and that such an overissue is possible only under a despotism.

From Fiat Money Inflation in France by White, Andrew Dickson