Oversupply

/ˈoʊvərsəˌplaɪ/

Meaning & Definition

noun

A situation in which there is more of something available than is needed or wanted.

The oversupply of oil led to a decrease in global oil prices.

An excess of supply over demand for a particular product or resource.

The oversupply of homes in the market caused property prices to drop significantly.

verb

To supply too much of something beyond what is needed.

The company decided to oversupply the market with its new product to capture a larger share.

To provide an excessive amount of goods or resources.

The farmer tends to oversupply the local market with vegetables every harvest season.

From the prefix 'over-' meaning excessively and 'supply'.

market oversupply

A situation where the quantity of products available exceeds the demand.

oversupply situation

A context or circumstance where there is an excess of supply.

oversupply chain

A segment in the supply chain characterized by an excess of goods.

surplus

An amount by which production or supply exceeds demand.

glut

An excessively abundant supply of something.

excess

An amount of something left over when requirements have been met.

Too much of something available.

There's an oversupply of shoes at the store; they're practically giving them away.

Flooded market.

The tech industry is facing an oversupply; everyone's making smartphones.