Meaning of the word oversupply in English

What does oversupply mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

oversupply

US /ˌoʊ.vɚ.səˈplaɪ/
UK /ˌəʊ.və.səˈplaɪ/

Noun

a greater supply of something than is needed:

Example:
The coffee market is suffering from oversupply.

Verb

to provide or have more of something than is wanted or needed:

Example:
The building of office space has risen 57%, causing concern that the market will be oversupplied.