Definitions for Overbooked
over·booked

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1. overbookedadjective

   Having had more seats sold or guaranteed then were available.

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1. overbooked

   Overselling or overbooking is sale of a volatile good or service in excess of actual supply. Overselling is a common practice in the travel and hospitality sectors, in which it is expected that some people will cancel. The practice occurs as an intentional business strategy where sellers expect that some buyers will not consume all of the resources they are entitled to, or that some buyers will cancel. The practice of overselling aims to ensure that 100% of available supply will be used, resulting in the maximum return on investment. However, if most customers do wish to purchase or use the sold commodity, it may leave some customers lacking a service they expected to receive. Overbooking is regulated (though rarely prohibited) in many countries and industries, and companies that do practice it are often required or forced by market competition to offer large amounts of compensation to customers as an incentive for them to not take up their purchase. An alternative to overbooking is discouraging consumers from buying services they do not actually intend to use. This can be done by making reservations non-refundable, a common practice among low-cost carriers and railways, or requiring customers wishing to cancel their right to a service to pay a termination fee.

How to pronounce Overbooked?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Overbooked in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Overbooked in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of Overbooked in Pythagorean Numerology is: 4

Examples of Overbooked in a Sentence

1. Zane Kerby in a statement:

   Issues we believe should be on the table include increased protections for overbooked and bumped passengers, a review of the impacts of airline consolidation, transparency in airline pricing including ancillary fees and airline immunity from state consumer protection laws, we look forward to working with all policymakers toward crafting an airline regulatory system wherein the passenger comes first.

2. David Dao attorney:

   It wasn't even a matter of overbooking. It was a matter of at the last moment, four employes had to get to Louisville so they could get to work the next day, we take money from people, we let them sit on the airplane, seat belted. Are we really going to start taking them off then?By Thursday, United Airlines conceded that United Airlines Flight was not overbooked or oversold, despite its initial claim. It had no empty seats and four crew members needed to get on the plane to meet another flight in Louisville.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Overbooked
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Overbooked