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glut <a glut; gluts> N

glut of money ECON

Monolingual examples (not verified by PONS Editors)

English
A wine glut led to the sale of 26 million bottles of wine for conversion into industrial alcohol in 2004.
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A glut of such shows were produced in the late 1950s and through the 1960s, then syndicated continuously for the next two decades.
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The plan backfires when a glut of "peych" starts an economic depression.
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Sales were poor due to a glut of ex-military aircraft.
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In modern terms, general gluts can not exist, although there may be local imbalances, with gluts in some markets balanced out by shortages in others.
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In the late 1980s, governments sponsored growers to pull out their vines to overcome a glut of winegrapes.
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He wrote that the main cause of the glut was declining consumption.
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Say further argued that because production necessarily creates demand, a general glut of unsold goods of all kinds is impossible.
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This has an impact on customers, with gluts and shortages as buyers turn to competing products.
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Say argued that there could never be a general deficiency of demand or a general glut of commodities in the whole economy.
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