What is another word for overcapacity?

Pronunciation: [ˌə͡ʊvəkəpˈasɪti] (IPA)

Overcapacity refers to a state where the level of production capacity in a particular industry surpasses the level of demand for products or services offered by that industry. Some synonyms for overcapacity include surplus capacity, excess capacity, redundancy, duplication, glut, and superfluity. Surplus capacity is when there is more production capacity than what is needed to meet the demand in the market. Excess capacity refers to a situation where there is more production capacity than what is necessary to meet current demand. Redundancy is related to surplus or excess capacity where there is an overlap or duplication of capacity. Duplication refers to having more than one facility or source for producing goods or services. Glut and superfluity refer to a surplus or overabundance of products or services.

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What are the hypernyms for Overcapacity?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Overcapacity

  • Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry.
    Max Baucus

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