Glutted financial definition of glutted
Glut (redirected from 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.
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References in periodicals archive
In a market glutted
with generic coffee-table tomes of vapid pretty boys, Freeman brings a unique point of view to this exemplary collection.
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.
Prices paid for California wine grapes fell 11 percent last year from 2001 as the state's vineyards churned out more wine for an already glutted
market, an industry group said last week.