Definition of Oversupplied

Babylon English Dictionary
supply in excess (provisions, equipment, gear, etc.)
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Oversupplied Definition from Language, Idioms & Slang Dictionaries & Glossaries
WordNet 2.0

Noun
1. the quality of being so overabundant that prices fall
(synonym) glut, surfeit
(hypernym) overabundance, overmuch, overmuchness, superabundance
(derivation) flood, glut

Verb
1. supply with an excess of; "flood the market with tennis shoes"; "Glut the country with cheap imports from the Orient"
(synonym) flood, glut
(hypernym) supply, provide, render, furnish
(derivation) glut, surfeit