Definition of oversupply in English:

oversupply

noun

  • An excessive supply:

    ‘an oversupply of teachers’
    [mass noun] ‘oversupply causes prices to fall’
    • ‘A two-tier property market is emerging in Britain, with falling prices and an oversupply of rental accommodation in the south and capital appreciation now only being felt in the north of the country.’
    • ‘The corporation also referred to high interest rates and gas prices, as well as an oversupply of used trucks, as sources of declining sales.’
    • ‘But he also warned that there would be downward pressure on price because of an oversupply of milk production is riding high at around four per cent higher than last year.’
    • ‘A NY Times article on the entrance of yaks into the U.S. culinary market says that there is actually an oversupply of buffalo, after a period of speculation when prices shot up.’
    • ‘A healthy supply of new homes can all too easily become an oversupply.’
    • ‘While the government claims its move to cull mining operations is driven by safety concerns, the closures are primarily aimed at stemming an oversupply of coal that has held down prices.’
    • ‘There is concern in the local prawn fleet that if the larger pelagic trawlers cannot fish for cod and other species, they may diversify into prawn fishing and this may lead to an oversupply of prawns in the market and low prices.’
    • ‘A national audit in the mid-nineties showed an oversupply of teachers.’
    • ‘Although there is an oversupply of holiday property in some areas, property prices in the more sought-after Turkish resorts have risen steadily rather than spectacularly.’
    • ‘An oversupply of land will reduce land prices and that will eventually reflect itself in house prices.’
    • ‘If the mutually-owned insurer's investment trust holdings flood on to the market, the oversupply could depress share prices in many funds and allow arbitrageurs to build aggressive stakes.’
    • ‘This oversupply has driven commodity prices down worldwide.’
    • ‘In a recent article, The Times newspaper suggested there could be an oversupply of natural gas in two years and prices could tumble.’
    • ‘With a declining population, and therefore falling rolls, Tokoroa has an oversupply of classrooms in primary schools - an excess of 14.’
    • ‘So many new plants will be coming on line this year that commodities investors and analysts are beginning to worry about an oversupply or glut of power.’
    • ‘Now, with the failed mediation and markets slowed by an oversupply of steel that has led to falling prices, the company's future again is clouded.’
    • ‘According to him, the oversupply would cause palm oil prices to remain low, at about $260 per ton at least until next year.’
    • ‘To help reduce its oversupply, the agency would supply the rice allowances provided to civil servants, among other measures.’
    • ‘With a worldwide oversupply of vehicles, new car prices are coming under pressure as never before and used cars are going for a song.’
    • ‘Meanwhile, lower than expected demand for mobile phones and fears of an oversupply of memory chips have pared the prices of major memory chip and semiconductor makers.’
    excess, surplus, abundance, oversupply, superabundance, superfluity, overdose, glut, avalanche, deluge
    View synonyms

verb

[WITH OBJECT]
  • Supply with too much or too many:

    ‘the country was oversupplied with lawyers’
    • ‘But growth fostered by the building of railroads, in addition to eventually oversupplying the market with goods and flooding the Southwest with tourists and migrants, brought a heavy toll in the lives and liberty of Native Americans.’
    • ‘The world market is massively oversupplied with aeroplanes.’
    • ‘Low-cost producers, however, may see their market share diminish in a world that is oversupplied by fruit if they cannot produce desired established and new varieties for affluent markets.’
    • ‘For this reason it is not in the interest of housebuilders to oversupply the market.’
    • ‘You may not agree with me but I believe it is because we still do not have enough competition in a market that many of us perceive to be oversupplied.’
    • ‘Speaking on behalf of the group, Liau accused China Steel of oversupplying Chinese steel markets in pursuit of exorbitant profits and ignoring the demands of local downstream businesses.’
    • ‘They are needed and are not being oversupplied.’
    • ‘With Germany providing less work for migrant labor, Polish teams are being forced home to a market oversupplied with people.’
    • ‘I sense that this trend is part of the ‘correction’ that we're now seeing in the golf course industry in those markets that are oversupplied.’
    • ‘Hopefully, we'll have hundreds of civil servants setting up in due course when decentralisation comes on stream, so there's no danger of oversupplying the housing market.’
    • ‘The flood gates were opened after the 2001 budget, but the rental market is oversupplied and it will take a while for that to work its way through.’
    • ‘The federation said that Indonesia's CPO stocks have reached between 400,000 and 500,000 tons, and the stocks will continue to increase because the market is already oversupplied.’
    • ‘The international market is oversupplied, highly competitive and unforgiving.’
    • ‘Competition is not the only blight: European markets are oversupplied, marketing is uncoordinated.’
    • ‘The suburban office market remains oversupplied, however, confidence levels in well located estates is growing.’
    • ‘They also find it hard to coordinate orders, so that popular magazines sell out before the month is up and unpopular ones are oversupplied and have to be thrown away.’
    • ‘The company blamed widespread illegal mining in Bangka Belitung province for oversupplying the tin market and dragging the price of the commodity down.’
    • ‘The answer to that question, invariably, will be that the locals won't buy it because it's overpriced and the market is oversupplied.’
    • ‘When Yukos controlled Yugansk, oil was sent to the oil major's refineries in Samara, which Yukos now says are oversupplied.’
    • ‘The inline skate companies oversupplied the marketplace, and this drove sales and profits down.’

Pronunciation:

oversupply

/əʊvəsəˈplʌɪ/