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Definition of overcapacity
: excessive capacity for production or services in relation to demand
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Examples of overcapacity in a Sentence
The airlines are lowering their prices because of an overcapacity of seats.
Recent Examples of overcapacity from the Web
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Such deals often seem intended to spawn national champions, not to pare overcapacity.
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In a survey by Altman Weil of nearly 400 law firm leaders, published in May, 61 percent said overcapacity was making their firms less profitable.
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The G7, which includes Canada, Japan, the U.S. and several European countries, have called for a solution to global overcapacity in steel, and the European Union has previously accused China of steel dumping while levying duties of its own.
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Ratings agency Fitch warned in a January report that China's initiative carries economic risks for partner countries because the main goal is to relieve overcapacity at home.
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Southwest joins Spirit Airlines, Frontier and Silver Airways as carriers that have completely canceled Cuba routes amid overcapacity in the new market, high operating costs and weak consumer demand.
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But with many facing debt hangovers or overcapacity, there may now be little incentive to fatten salaries.
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Online shopping has been a bright spot as economists worry about China’s rising corporate debt and overcapacity in its old-line industries like steel and glass.
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Lingering EU-China tensions over trade and investment emerged on Friday as European officials pressed the Chinese government to tackle overcapacity in domestic industries such as steel and to ease restrictions on foreign investors.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'overcapacity.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of overcapacity
1877
OVERCAPACITY Defined for English Language Learners
overcapacity
play
noun
Definition of overcapacity for English Language Learners
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: a situation in which an industry, company, etc., has or produces more of something than it is able to sell or use
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