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English definition of “oversupply”

oversupply

verb [I or T]     /ˌəʊvəsəˈplaɪ/
ECONOMICS, COMMERCE to provide or have more of something than is wanted or needed: The building of office space has risen 57%, causing concern that the market will be oversupplied.
(Definition of oversupply verb from the Cambridge Business English Dictionary © Cambridge University Press)
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