"Oversupplied market" refers to a situation where there are more products or services available than there is demand or need for them. It means that there is an excess supply, leading to a surplus of goods or services in the market. Full definition
I could also go on about how many good people I know are caught in oversupplied markets, and how every day they wake up, feeling chilled to the bone with dread and unease. (gapingvoid.com)
Day, after the lifting of sanctions on Iran, which allows that nation to saturate an already oversupplied market with oil, the price of a barrel of Brent Crude fell to less than $ 28 per barrel. (autobytel.com)
In the session, «A Deep Dive into Seniors Housing Local Market Conditions,» NIC Chief Economist Beth Burnham Mace identified oversupplied markets (Texas) as well as generally healthy areas (California). (nic.org)