overcapacity
- noun
- /ˌoʊvərˈkæpəˌsɪti/
- Specialized
- The government's report highlighted overcapacity in the shipping industry, which has led to financial losses for many companies.
- steel overcapacity
- overcapacity in the industry
- overcapacity worldwide
Without this overcapacity, companies like YouTube and Netflix would not be viable today.
- Without this overcapacity, companies like YouTube and Netflix would not be viable today.
Examples
-
Overcapacity has affected aircraft manufacturing in the industrialized countries.
Academic text (1996) -
I think the overcapacity issue lies with developed nations.
Blog text (13) -
The report identified the overcapacity of steel production in East and Southeast Asia.
Academic text (2003) -
Our industry suffers substantially from overcapacity.
Academic text (1991) -
The region has been suffering from a glut of overcapacity as demand evaporates in the face of brutal economic conditions.
Blog text (15) -
European reliance on the car industry as an engine of economic growth and earner of foreign exchange led, in the late 1970s, to a large overcapacity in car manufacturing and aggressive competition among what have remained largely national trade names.
Academic text (1990) -
By the mid-1990s, China had become the world's biggest exporter of textiles, but it was burdened by serious overcapacity.
Academic text (2005) -
The factory is dealing with significant overcapacity due to a decrease in demand for its products.
-
Many businesses in the textile industry face overcapacity, forcing them to lower prices to attract customers.
Synonyms
Too much of something that is not needed
Making more goods than people can buy
Too much of something like goods or houses that makes prices fall
There are more products or shops than customers, causing low sales
How Full
- Specialized
Surface Forms
Morphology
Etymology
In business, the noun overcapacity is made from over ('too much') and capacity ('how much something can hold' or 'how much it can make'), similar to capable. It means an industry or company can 'make' more goods than people want to buy, which leads to waste and lower prices.