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What does oversupplied mean?

Looking for the meaning or definition of the word oversupplied? Here's what it means.

Verb
  1. simple past tense and past participle of oversupply
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In this sense the risk of reverting to an oversupplied market will act as a deterrent for the three oligopolists to compete for market share.
The inline skate companies oversupplied the marketplace, and this drove sales and profits down.
This project had to be scaled down to reduce the initial investment in the context of the oversupplied office space market.
When Yukos controlled Yugansk, oil was sent to the oil major's refineries in Samara, which Yukos now says are oversupplied.
However, this idea was later abandoned and the market continued to be oversupplied.
With Germany providing less work for migrant labor, Polish teams are being forced home to a market oversupplied with people.

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