glut

/glʌt/
Noun
  1. the quality of being so overabundant that prices fall
Verb
  1. supply with an excess of
    • flood the market with tennis shoes
    • Glut the country with cheap imports from the Orient
  2. overeat or eat immodestly; make a pig of oneself
    • She stuffed herself at the dinner
    • The kids binged on ice cream

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glut
The market experienced a glut of fresh tomatoes, causing prices to drop.