overcapacity

English - English

Definition of overcapacity in English English dictionary

A capacity for the production of a commodity or product that is in excess of what is needed

If there is overcapacity in a particular industry or area, more goods have been produced than are needed, and the industry is therefore less profitable than it could be. There is huge overcapacity in the world car industry. = surplus. the situation in which an industry or factory cannot sell as much as it produces

{i} more provision than is needed; ability to provide more than is necessary

Hyphenation

o·ver·ca·pac·i·ty

Turkish pronunciation

ōvırkıpäsıti

Pronunciation

/ˈōvərkəˈpasətē/ /ˈoʊvɜrkəˈpæsətiː/