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Definition of overcapacity noun from the Oxford Advanced Learner's Dictionary

overcapacity

noun
 
/ˌəʊvəkəˈpæsəti/
 
/ˌəʊvərkəˈpæsəti/
[uncountable, singular] (business)
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  1. the situation in which an industry or a factory cannot sell as much as it is designed to produce
    • the problems of overcapacity in the car industry
See overcapacity in the Oxford Advanced American Dictionary
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