excess supply

Definition

Supply minus demand. Thus a country's supply of exports of a homogeneous good is its excess supply of that good.

Use excess supply in a sentence

You need to make sure that you do not end up with an excess supply or that may just be wasted money.

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The growth of new sectors, like outlet malls and other overstock retailers, has relieved some pressure for manufacturers who find themselves with excess supply.

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When they had made 200,000 foam cozies for beer cans for the big Super Bowl game, they quickly realized that the cozies were not popular and that they had excess supply.

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Walras' Law commodity trading