Glutted financial definition of glutted
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Oversupply; too many units of a product in an area or economy
relative to demand
. A glut almost always causes the price
of the product to drop.
References in periodicals archive
He says that the North American lumber market is glutted
by finished lumber, the result of the lifting of quotas at the expiration of the last softwood export agreement last year.
From a labyrinth of alleys glutted
with souvenir shops, you are drawn on by the sound of water into a compact piazza dominated by an extravagant Baroque stage set of creamy travertine sluiced by foamy rivulets of plunging spume.
With an eye toward boosting its meat sales in a glutted
industry, the North American Bison Cooperative, New Rockford, N.