What does excess supply mean?

Definitions for excess supply
ex·cess sup·ply

Here are all the possible meanings and translations of the word excess supply.


  1. Excess supply

    In economics, an excess supply or economic surplus is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand. That is, the quantity of the product that producers wish to sell exceeds the quantity that potential buyers are willing to buy at the prevailing price. It is the opposite of an economic shortage. In cultural evolution, agricultural surplus in the Neolithic period is theorized to have produced a greater division of labor, resulting in social stratification and class.

How to pronounce excess supply?

  1. Alex
    US English

How to say excess supply in sign language?

  1. excesssupply


  1. Chaldean Numerology

    The numerical value of excess supply in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of excess supply in Pythagorean Numerology is: 4

Examples of excess supply in a Sentence

  1. Lorne Baring:

    There is still a soft demand coupled with excess supply story in the commodities spectrum.

  2. Chief Executive Officer Takahiro Hachigo:

    Given these circumstances, when you think about increasing production capacity, we have to be extra careful because in some parts of China there's already excess supply.

  3. Commodities Minister Douglas Uggah Embas:

    The target is to use 10 percent of Malaysia's rubber for this purpose, we hope the excess supply of rubber will be drastically reduced ... and help reduce pressure on prices.

  4. Peter Dixon:

    The upside potential for commodity prices and commodity-related stocks is limited as there is still a lot of excess supply of commodities. It's not a good time to increase your exposure to the sector.

  5. Alexey Texler:

    If the agreement is properly fulfilled and it definitively enters into force then around half of that excess supply may be removed from the market, even without Iran there will be an effect from the agreement. But Iran ... might also be interested in such a deal.

Images & Illustrations of excess supply

  1. excess supply

Translations for excess supply

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"excess supply." Definitions.net. STANDS4 LLC, 2019. Web. 20 Sep. 2019. <https://www.definitions.net/definition/excess+supply>.

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