Underbooked definitions

Underbooked

Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosu.htm

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Underbooked

When an originating investment banker cannot find enough firms to underwrite a new issue.
Found on http://www.encyclo.co.uk/local/22402

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