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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
January 23, 2009

glut

Glut

a glut (noun) - too much of something, so much that it cannot all be used 

an oil glut
the hit man's hair was so greasy you could cause a major oil glut just by draining his head

a glut on the market
a worldwide glut
a worldwide glut of memory chips  which has pushed prices lower

a festival of glut

they expect a glut in the market
worries about an oil glut sent prices reeling
the glut forced prices to rock bottom

up to their ears in potatoes because the wet summer produced a glut of them
production cuts were needed to avoid an oil glut which would weaken prices as demand dipped

we had a real glut of lambs, didn't we?

a glut of hotel vacancies
Hong Kong has a glut of hotel accommodation at present

a serious glut
there's now a serious glut from farmers overproducing
potato growers must reduce plantings to avoid a repeat of the glut and low prices
overproduction in 1989 led to a world glut that caused many producers to go out of business

a visual glut of generally superb photographs

the supplement-and-section glut in newspapers

a glut of products which aimed to fight the ageing process

a glut of properties could cause a slump in the housing market

a glut of books on the subject

the region is glutted with hospitals

a glut of cars on market

production eased a bit to reduce the market glut

glut of timber on the market
in many cases the salvaged timber was sold albeit at prices depressed by the glut of timber on the market.

if the pace of building continues, there may be a glut of office buildings in the foreseeable future.
the glut of offices -- and the rent cuts it has produced
a glut of office space hangs over the market, forcing rents and property values into a downward spiral

the prospects for such resales are not good, given a glut of new timeshare properties
the double whammy left the region with a glut of unsold houses and banks with billion dollar portfolios of bad loans.

they flooded the market with a glut of oil
a million barrels of oil production per day had to be lopped off to avoid an oil glut
the continuing crude oil glut and some profit taking weighed the market down
increasing demand for oil products may produce a glut of oil tankers

in times of glut it's the consumer who benefits
a glut of students from last year entering the labour market

in times of glut sellers tend to overreact and drive prices down steeply

there's a contradiction between saying there's an international glut on the one side and what is clearly a sign of hoarding on the other

petroleum products distributors who have been drowning in an oil glut for the past half decade
then it turned out there was a glut of oil; within a week, petrol prices had fallen back to pre-August levels.

a credit glut

a dearth of food and a glut of industrial products on the market
Over the whole of Russia there-was a dearth of agricultural goods caused mainly by the Famine, and a comparative glut of industrial products from the towns.

for their part, Congregationalists suffered from a glut of colleges: there were eight in England, three in Wales and one in Scotland
Collins, which is publishing Mrs Thatcher's memoirs, is one of those that expect a glut in the market

With a glut of farming properties on the market in parts of south west England at drastically reduced prices, now is the time for them to buy,'; Dai Jenkin says.

This creates situations such as that in Karnataka, says Reddy, where one aluminium plant uses 20 per cent of the present power supply, in a world with a glut of aluminium, and a state where not all houses have electricity.

The world oil glut has had an adverse effect on South Africa's grandiose ambitions as a coal exporter and also on its synthetic fuels business.
There's a glut now,'; said one rueful farmer.

an oil glut in the 1980s put pressure on individual countries to reduce their prices in order to gain market share


Example sentences:

* Farmers have produced so many potatos this year there's now a serious glut.

* They're up to their ears in them because the wet summer has produced a glut… and forced prices to rock bottom.

* High prices were maintained from 1974 onwards in the face of inelastic demand for oil from oil-importing countries, but an oil glut in the 1980s put pressure on individual countries to reduce their prices in order to gain market share.

* Here is a visual glut of generally superb photographs taken by Mr Mansbridge over many years.

* Hong Kong has a glut of hotel accommodation at present, and even the top places will give a discount if you bargain.

* In came derecognition (for the NUJ), de- and reskilling, widespread redundancies, direct input technologies (the S11 and Atex systems), new titles ( The Independent On Sunday , a viable version of Today , the supplement-and-section glut and take-it-or-leave-the-place individual contracts for journalists.

* Here the problem lay in too much produce rather than too little, and in the low prices farmers received in these conditions of glut.

* The last two years of the Eighties saw a glut of products which aimed to fight the ageing process by boosting the skin's metabolism, thus enabling it to carry out its own regenerative programme more effectively.

* He wondered whether, in view of the decline of classics elsewhere, classics teachers might not be in a state of glut upon the market, and therefore to be had cheap.

* I had sold the car, without much trouble (surprising, in view of recession and glut of cars on market), and now carried my remaining possessions on the bike.

* Saudi Arabia was going flat out at 10 million b/d, to the dismay of several members who would have liked this reduced to ease the market glut they felt the Saudis had created.

* Company spokesman John Dodds said the investment would be staggered over a period of time and would not necessarily mean a glut of vacancies in Darlington.

* Though there was consensus among most delegates that production cuts were needed to avoid an oil glut which would weaken prices as demand dipped in the spring, the discussions became bogged down with claims by Kuwait for special treatment.

Potato growers must reduce plantings this year by at least 6 per cent to avoid a repeat of the glut and low prices of the 1992 harvest.

* During initial exchanges, delegates agreed that at least 1 million barrels per day (bpd) needed to be lopped from the cartel's total production of more than 25 million bpd to avoid an oil glut during the second quarter of the year, when demand generally slumps with the onset of warmer weather in the northern hemisphere.

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