minimum subscription


The smallest number of securities which may be applied for in any new issue. The Companies Act of 1956 created a legal precedent for this, stating that a company can only offer a certain number of shares to the public that the company can actually pay for, in the event that the shares are cashed in by the buyer.

Use this term in a sentence

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z