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overproduction
[oh-ver-pruh-duhk-shuhn]
overproduction
/ ˌəʊvəprəˈdʌkʃən /
noun
the production of more of a product or commodity than is required
Word History and Origins
Origin of overproduction1
Example Sentences
Dr. Thierry notes that ongoing overproduction of NETs, driven by cycles of inflammation and clot formation, may worsen disease severity.
According to market watchers, only about half of the pledged OPEC+ supply increase is expected to hit the market, as some members still have to compensate for past overproduction, while others face capacity constraints.
Most industries involved in the drive to address overproduction and excess competition have showed better revenue growth and net profit improvement in 3Q, the analysts note.
Since then, Chinese money has been flowing into solar panels, creating overproduction and overcapacity.
Looking forwards, some V8 members that have exceeded their output quotas in the past will need to compensate for their overproduction, and Russia in particular "is already at full capacity", Ashford told AFP.
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