0 the offer or sale of more shares in a company than is allowed:
a fraudulent over-issue of shares
Preventing overissue is the function of a corporation's registrar.
1 the production of too many banknotes (= paper money):
2 to offer more shares in a company than is allowed:
The investigation found that he had overissued railroad shares.
4 to sell more tickets for something than there are places, seats, etc. available:
The fundamental concern about inside money is the incentive to overissue.
Undue expansion or increase, from overissue; -- said of currency.
Such provisions, however, amounted to little, because, much of the loans being simple credits, there was small inducement in the strong banks to overissue notes.
This, however, furnishes no adequate security against overissue.
The panic of 1873, which prostrated all business, was the result of the excesses of the war, the overissue of legal tender and the feverish, unhealthy expansion that followed.
