What does "overcapacity" mean?
A capacity for the production of a commodity or product that is in excess of what is needed.
noun ·6 syllables ·Rare ·Advanced level
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"In 1959, Ernest Marples became the new Minister of Transport. His business career had been as a road builder and he saw the future in a network of motorways, whereas he believed there was serious overcapacity in the railway network."
"In 1959, Ernest Marples became the new Minister of Transport. His business career had been as a road builder and he saw the future in a network of motorways, whereas he believed there was serious overcapacity in the railway network."
A capacity for the production of a commodity or product that is in excess of what is needed.
Common synonyms include: excess capacity, oversupply.
In 1959, Ernest Marples became the new Minister of Transport. His business career had been as a road builder and he saw the future in a network of motorways, whereas he believed there was serious overcapacity in the railway network.
From over- + capacity.