oversupply

/'ouvəsə'plai/
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oversupply

The store had an oversupply of tennis shoes on the shelves.

Definition

  1. Noun:

    • An excessive supply; a quantity supplied that is greater than the quantity demanded or needed. This leads to a surplus, often causing a decrease in price or value.

  2. Verb:

    • To supply with an excessive amount; to provide more of something than is needed or demanded. This action can saturate a market or system.
Examples

  • Noun:

    • The oversupply of new apartments caused rents to drop significantly.
    • An oversupply of graduates in that field made it difficult to find a job.

  • Verb:

    • The company oversupplied the market, leading to massive discounts to clear inventory.
    • Farmers were warned not to oversupply the crop, or prices would collapse.
Advanced Usage

  • "to create an oversupply": to cause a situation where there is too much of something available.

    • Rapid technological advancement can create an oversupply of older electronic devices.

  • "an oversupply situation": a condition or state characterized by excess supply.

    • The city is facing an oversupply situation in office space.
Variants and Related Words
  • Glut (noun/verb): A synonym meaning an excessive supply or to overfill.
    • The glut of oil on the global market drove prices down.
  • Surplus (noun): An amount that is more than what is needed or used.
    • The budget surplus was returned to the taxpayers.
  • Overabundance (noun): An excessive quantity.
    • There was an overabundance of caution after the incident.
Synonyms
  • Noun: Surplus, excess, glut, overabundance, superfluity.
  • Verb: Flood, glut, saturate, overload.
Related Phrasal Verbs/Phrases
  • Flood the market with: To supply the market with a very large amount of something, often causing an oversupply.
    • The manufacturer flooded the market with cheap imports.
Related Idioms
  • A buyer's market: A situation in which goods are plentiful and prices are low, often due to an oversupply.
    • The oversupply of houses has created a buyer's market.
oversupply

The store had an oversupply of tennis shoes on the shelves.

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

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