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term:
Subscription
subscription n
1 : the act of signing one’s name (as in attesting or witnessing a document)
2 : something that is subscribed
;specif
: a sum subscribed or pledged [a charitable ]
3 : an agreement to purchase securities (as stocks) of a new issue and esp. of a prospective corporation compare warrant
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.