undersubscribed
Pronunciation: /ʌndəsəbˈskrʌɪbd/
adjective
- (of a course or event) having more places available than applications: science courses continue to be undersubscribed in our universities the seminar was embarrassingly undersubscribed
- (of a share issue) having fewer applications for shares than there are shares available: flotation of the company’s shares has been largely undersubscribed