IPA: /ˌoʊvərˈsʌplaɪ/
KK: /oʊvərsəplaɪ/
A situation where there is more of something available than is needed or wanted.
The oversupply of goods led to lower prices in the market.
To provide more of something than is needed or wanted.
The company oversupplied the market with their new product, leading to a drop in prices.
Past: oversupplied
Past Participle: oversupplied
Oversupply → It is formed from "over-" (meaning excessively) and "supply" (from Old French *supplyer*, meaning to provide or furnish). The word "oversupply" means to provide or furnish excessively, beyond what is needed.
Think of providing something 'excessively' ('over-') — that's why oversupply means to provide too much.
No commonly confused words.