Overabundance Meaning: Definition, Examples, and Translations
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overabundance
[หoสvษrษหbสndษns ]
Definition
in economics
An excessive amount of something, typically referring to an oversupply of goods or resources in relation to demand.
Synonyms
excess, glut, profusion, surplus.
Which Synonym Should You Choose?
Word | Description / Examples |
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overabundance |
Use when describing too much of something in a way that it causes issues or is overwhelming.
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excess |
Use when referring to more than what is necessary or usual, often implying waste or lack of restraint.
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surplus |
Use when referring to an amount that is more than what is needed, often in economic or financial contexts.
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glut |
Use when there is a large surplus, often in relation to supply and demand, suggesting an oversupply that can depress prices.
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profusion |
Use when describing a large quantity of something, often in a positive or neutral sense.
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Examples of usage
- The overabundance of cheap labor has led to a decrease in wages in the region.
- The overabundance of oil in the market has caused prices to plummet.
Translations
To see the translation, please select a language from the options available.
Origin of 'overabundance'
The word 'overabundance' originated from the combination of the prefix 'over-' meaning excessive and the word 'abundance' which comes from the Latin 'abundantia' meaning plenty or wealth. The term has been used in the English language to describe an excess of something since the late 16th century.