The quantity of goods for sale exceeds the amount consumers are willing and able to buy at the current market price. Characterised by low prices. Found on http://www.encyclo.co.uk/local/20140
Market having an excess of goods and services on offer and where prices are likely to be declining. The buyer benefits from the wide choice and competition available. ... Found on http://www.encyclo.co.uk/local/20688
Refers to a situation when a purchaser has greater flexibility and influence in receiving concessions. Often the choices are more plentiful and the prices lower than previously transacted. Found on http://www.oasismanagement.com/glossary/
Market having an excess of goods and services on offer and where prices are likely to be declining. The buyer benefits from the wide choice and competition available Found on https://www.encyclo.co.uk/local/21221