Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “overcapacity”

overcapacity

noun [U]     /ˌəʊvəkəˈpæsəti/
ECONOMICS, PRODUCTION a situation in which companies in an industry can make and supply more products than customers buy or are expected to buy: He blamed the profit collapse on overcapacity which led to the excessive discounting of holiday packages. → Compare spare capacity, undercapacity
(Definition of overcapacity noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of overcapacity

Word of the Day

well in (with)

to have a good relationship with someone in which they like you and from which you get an advantage

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