Overselling

Overselling or overbooking is sale of a volatile good or service in excess of actual capacity. Overselling is a common practice in the travel and lodging industry. In telecommunications, sometimes the term oversubscription is preferred. The practice occurs as an intentional business strategy where sellers expect that some buyers will not consume a...
Found on http://en.wikipedia.org/wiki/Overselling

Overselling

• (p. pr. & vb. n.) of Oversell
Found on http://thinkexist.com/dictionary/meaning/overselling/

Overselling

It is the job of an airline to make their planes as full as possible. It is a fact of life that as many as 10 per cent of passengers fail to show up for a flight. Airlines can compensate for this by "overselling" seats on planes. This tactic is very effective, but when everyone does show, the flight can become oversold. Rather obviously passengers ...
Found on http://www.cheapflights.co.uk/travel-tips/glossary-of-flying-terms/
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