waitlist

A waitlist is a system used when demand exceeds availability for a product, service, or event. When all spots are filled, additional interested parties are placed on the waitlist. If someone cancels or more capacity becomes available, individuals on the waitlist are offered the option to fill those spots in order. This method helps organizations manage high demand efficiently and fairly, ensuring that opportunities are allocated as they arise without overcommitting resources upfront. Being on a waitlist does not guarantee acceptance, but it gives you a chance to participate if the opportunity becomes available.