overproduction overproduction  /ˈoʊ vər prə ˈdək ʃən/

Definition(s):

  • (n) too much production or more than expected

Usage(s):

  1. In the liquor business, overproduction really means not just overproduction but more overproduction than seems advisable.
  2. Such a development is known as Little Fellows Being Squeezed Out after a long period of overproduction.
  3. Producing companies bear the brunt of the losses in times of overproduction.

News

  • Bush criticizes Farm Bill

    Higher crop subsidies were the main target of President Bush’s criticism of the Senate Farm Bill on Wednesday. He contends that higher crop subsidies could stimulate overproduction of grain and cotton, thus lowering prices.
    on June 17, 2013     Source: Dairy Herd

Quotes

  1. "We believe there is a level of overproduction of between one million and one million and a half (barrels per day)," said Venezuelan Energy Minister Rafael Ramirez as he arrived Tuesday.
    on Sep 9, 2008 By: Rafael Ramirez Source: AFP

  2. "The main problem with the food crisis is overproduction in developing countries," said Brazilian Foreign Minister Celso Amorim, adding that BRIC finance ministers would meet later in the year in Brazil to tighten links.
    on May 16, 2008 By: Celso Amorim Source: Forbes

  3. "To the extent that current subsidies for the oil and gas industry encourage the overproduction of oil and natural gas, they divert resources from other, potentially more efficient investments, and they are inconsistent with the Obama...
    on Sep 10, 2009 By: Alan Krueger Source: CNNMoney.com

Word of the Day
tangible tangible
/ˈtæn dʒə bəl /