Oversupply: meaning, definitions and examples
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oversupply
[ ˌoʊvərsəˈplaɪ ]
economics
An excess of supply over demand in a market, leading to lower prices and surplus of goods or services.
Synonyms
Examples of usage
- There was an oversupply of oil in the market, causing prices to plummet.
- The oversupply of housing in the area led to a decrease in property prices.
Translations
Translations of the word "oversupply" in other languages:
🇵🇹 excesso de oferta
🇮🇳 अधिक आपूर्ति
🇩🇪 Überangebot
🇮🇩 kelebihan pasokan
🇺🇦 надлишок пропозиції
🇵🇱 nadpodaż
🇯🇵 供給過剰
🇫🇷 surplus d'offre
🇪🇸 exceso de oferta
🇹🇷 arz fazlası
🇰🇷 공급 과잉
🇸🇦 زيادة العرض
🇨🇿 přebytek nabídky
🇸🇰 prebytok ponuky
🇨🇳 供应过剩
🇸🇮 presežna ponudba
🇮🇸 ofgnótt framboðs
🇰🇿 артық ұсыныс
🇬🇪 მეტისმეტი მიწოდება
🇦🇿 təklifin artıqlığı
🇲🇽 exceso de oferta
Etymology
The word 'oversupply' originated in the mid-19th century as a combination of 'over-' (indicating excess) and 'supply'. It is commonly used in economics to describe a situation where the quantity of a good or service exceeds the demand for it, resulting in a surplus. The term has been widely adopted in business and economic contexts to discuss market dynamics and pricing strategies.
See also: supplied, supplier, suppliers, supplies, supplying, undersupply.