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overcapacity

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noun over·ca·pac·i·ty \ˌō-vər-kə-ˈpa-sə-tē, -ˈpas-tē\

Simple Definition of overcapacity

  • : a situation in which an industry, company, etc., has or produces more of something than it is able to sell or use

Source: Merriam-Webster's Learner's Dictionary

Full Definition of overcapacity

  1. :  excessive capacity for production or services in relation to demand

Examples of overcapacity in a sentence

  1. The airlines are lowering their prices because of an overcapacity of seats.



1928

First Known Use of overcapacity

1928


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