Oversupply: meaning, definitions and examples

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oversupply

[ ˌoʊvərsəˈplaɪ ]

^{Context #1}

economics

An excess of supply over demand in a market, leading to lower prices and surplus of goods or services.

Synonyms

excess supply, glut, surplus

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

Word origin

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.