oversupply oversupply  /ˌoʊ vər sə ˈplaɪ/

Definition(s):

  1. (n) the quality of being so overabundant that prices fall
  2. (v) supply with an excess of

Synonym(s)

Usage(s):

  1. There was a massive oversupply of computer chips from Samsung, Micron and others on the market even before the recession hit.
  2. After coping with a post-911 slowdown and an oversupply of grapes, the global wine market is regaining the tremendous growth it enjoyed in the '90s, and one leading reason is Gallo.
  3. Part of the industry's current problem is an oversupply of rooms.

News

  • Allana Says Concerns for Potash Supply Glut Overblown

    Allana Potash Corp., the Canadian developer of a $642 million potash mine in Ethiopia, says predictions of a global oversupply of the crop nutrient are overblown because competing projects are being put on hold.
    on June 10, 2013     Source: Bloomberg

Quotes

  1. Daukoru said oil prices had been softening because of milder-than-usual winter weather and because "there is a substantial oversupply in the market and new non-OPEC production is expected to come on-stream very soon."
    on Jan 15, 2007 By: Edmund Daukoru Source: International Herald Tribune

  2. Bush said "it's going to take time to work through this oversupply" in the housing market, but suggested that the financial market may need additional help.
    on Mar 18, 2008 By: President Bush Source: FOXNews

  3. "There is no discipline," said Chris Park, a senior analyst at Moody's Corporate Finance Group. "Steelmills suffer very often from oversupply, price correction and margin loss too."
    on Jul 7, 2010 By: The Monster Abyss Source: Economic Times

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