The issuance of a greater quantity of securities than the issuer is authorized to offer. In such cases, the issuing party is responsible for the cost of recovery of value for the issued party.
Related information about overissue:
- Overissue - Merriam-Webster Online
an issue exceeding the limit of capital, credit, or authority. — over·is·su·ance \-ˈi- shə-wən(t)s\ noun. — overissue transitive verb ...
- overissue - definition of overissue by the Free Online Dictionary ...
The issue, as of notes or securities, in excess of the issuer's capital, credit, or authority. o ver·is sue v. overissue [ˈəʊvərˌɪsjuː -ˌɪʃuː]. vb -sues, -suing ...
- Overissue - Financial Dictionary - The Free Dictionary
A situation in which a company issues more shares than it has authorized shares. Want to thank TFD for its existence? Tell a friend about us, add a link to this ...
- overissued - definition of overissued by the Free Online Dictionary ...
overissue. (redirected from overissued). Also found in: Financial, 0.01 sec. ... overissue [ˈəʊvərˌɪsjuː -ˌɪʃuː]. vb -sues, -suing, -sued (tr). (Economics ...
- What is overissue? definition and meaning
Definition of overissue: The issuance of a greater quantity of securities than the issuer is authorized to offer. In such cases, the issuing party is responsible for the ...
- Lawriter - ORC - 1308.03 Overissue defined - effect - UCC 8-210.
(A) Except as otherwise provided in divisions (A)(1) and (2) of this section, the provisions of this chapter which validate a security or compel its issue or reissue ...
- 1307.402 Duplicate document of title; overissue - UCC 7-402.
Part 4. Warehouse Receipts and Bills of Lading: General Obligations. A duplicate or any other document of title purporting to cover goods already represented ...
- U.C.C. - ARTICLE 8 -§8-104.
Effect of Overissue; "Overissue". (1) The provisions of this Article which validate a security or compel its issue or reissue do not apply to the extent that validation, ...