subscription

subscription, n.

1. The act of signing one’s name on a document; the signature so affixed.

2. Securities. A written contract to purchase newly issued shares of stock or bonds. — Also termed (in connection with stock) stock subscription. [Cases: Corporations 75. 1.]

3. An oral or a written agreement to contribute a sum of money or property, gratuitously or with consideration, to a specific person or for a specific purpose. — Also termed subscription contract.

4. RESCRIPT(3). [Cases: Subscriptions

1. C.J.S. Subscriptions § 2.] — subscribe, vb. — subscriber, n.


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