comâ¢modâ¢iâ¢ty. 1. an article of trade or commerce, esp. a product as distinguished from a service. 2. something of use, advantage, or value. 3. any unprocessed or partially processed good, as a grain, fruit or vegetable, or a precious metal.
Proscribe sounds similar to the word prescribe, but be careful: these words are essentially opposite in meaning. While proscribe means forbid, prescribe is used when a doctor recommends a medicine or remedy. Of course, if you want an excuse for not following your doctorâs orders, you could say you were confused about the meaning of these two words â but that would be lying, which is proscribed by most peopleâs value systems.
DEFINITION of 'Subscribed'. Newly issued securities that an investor has agreed or stated his or her intent to buy prior to the issue date. When investors use rights, they expect to own the designated number of shares to which they have subscribed once the offering is complete.