Oversupply (noun)

An excessive amount of a particular item or resource available for use, often leading to a decrease in demand and potential economic issues.

Origin:

Formed from the prefix "over-" meaning "excess" or "beyond" and the root word "supply" meaning "an amount of something that is available for use", the word "oversupply" came into use in the late 19th century.

Examples:

  1. The market was facing an oversupply of oil, causing a decrease in prices.
  2. The factory's oversupply of goods led to a decrease in profits as they were unable to sell all the products.
  3. The oversupply of housing led to a decrease in property values.
  4. The company had to cut back production due to the oversupply of their products in the market.
  5. An oversupply can lead to wastage and economic struggles.
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