oversupply
noun [ C or U ]
uk/ˈəʊvəsəˌplaɪ/ us ECONOMICS, COMMERCE
a larger supply of something than is needed:
The coffee market is suffering from oversupply.
(an) oversupply of sth We have an oversupply of unsold cars.
oversupply
verb [ I or T ]
uk/ˌəʊvəsəˈplaɪ/ us ECONOMICS, COMMERCE
to provide or have more of something than is wanted or needed:
The building of office space has risen 57%, causing concern that the market will be oversupplied.