excess supply

noun

economics a situation in which the market supply of a commodity is greater than the market demand for it, thus causing its market price to fall

Nearby words

  1. excess demand,
  2. excess insurance,
  3. excess luggage,
  4. excess profits tax,
  5. excess sound pressure,
  6. excess-profits tax,
  7. excessive,
  8. exch.,
  9. exchange,
  10. exchange force

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012