From Longman Dictionary of Contemporary Englishoversupplyo‧ver‧sup‧ply /ˈəʊvəsəplaɪ $ ˈoʊvər-/ noun (plural oversupplies) [countable, uncountable] the state of having more of something than you need or can sell an oversupply of computers
Examples from the Corpus
oversupply• It has since fallen to about 16 amid a concern about an oversupply of chips.• But that could cause another problem: If enough farmers pile into grain, it might cause an oversupply and depress prices.• That kind of oversupply, he figures, could push prices back down to $ 18 a barrel or so.• Thus the plan typically results in substantial oversupply of some goods and severe shortages of others.From Longman Business Dictionaryoversupplyo‧ver‧sup‧ply /ˌəʊvəsəˈplaɪˌoʊvər-/ noun [countable, uncountable]ECONOMICS when there is more of something than is needed or than can be soldThe investment boom of the past few years has led to an oversupply of goods and services. 