overissue

[ oh-ver-ish-ooor, especially British, -is-yoo ]

noun

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

overissue

/ ˈəʊvərˌɪsjuː; -ˌɪʃuː /

verb

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

noun

1. shares, banknotes, etc, thus issued

Word History and Origins

Origin of overissue¹

First recorded in 1795–1805; over- + issue

Example Sentences

Overissue, ō-vėr-ish′ū, v.t. to issue in excess, as bank-notes or bills of exchange.—n.

From Project Gutenberg

Those shows never have to overissue for a full house.

From The Guardian

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

Now, that man who is affable in public and who is irritable in private is making a fraudulent overissue of stock, and he is as bad as a bank that might have four or five hundred thousand dollars of bills in circulation with no specie in the vault.

From Project Gutenberg

As their issue is not peremptory, and the aggregate cannot exceed the surplus revenue or sinking fund, there is no danger of an overissue, while their existence among the people will be the best reserve when gold alone becomes the full standard of value.

From Project Gutenberg