Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “excess supply”

excess supply

noun [U]    
ECONOMICS a situation in which there is more of a product or service available than customers want to buy : They forecast that the world will have an excess supply of 365 million barrels of oil in the three months to June .
(Definition of excess supply noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of excess supply

Word of the Day

amicable

relating to behaviour between people that is pleasant and friendly, often despite a difficult situation

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More