供給過剰(きょうきゅうかじょう)

きょうきゅうかじょう
noun
oversupply; glut; excess supply
formaleconomics
1. oversupply; glut; excess supply
A situation where the supply of a product or service exceeds demand, often leading to falling prices. A key concept in economics and business.
供給過剰(きょうきゅうかじょう)で価格(かかく)が下(さ)がった。
Prices fell due to oversupply.
The oversupply of oil is affecting the global economy.
マンションの供給過剰(きょうきゅうかじょう)により、空(あ)き室(しつ)が増(ふ)えている地域(ちいき)もある。
Due to an oversupply of apartments, there are areas where vacancies are increasing.

Composed of 供給(きょうきゅう) (supply) + 過剰(かじょう) (excess, surplus). An economic term describing a market condition where supply outstrips demand. The opposite situation is 供給不足(きょうきゅうぶそく) (supply shortage).

Common collocations

Similar words