An insufficient stock or amount of something: soaring construction levels resulted in a global undersupply of steel [mass noun]: house-price inflation has largely been caused by undersupply
More example sentences
- There is an undersupply of this type of property in the city because during the past two years developers concentrated on building duplex and apartment complexes instead of suburban houses.
- The government's current strategies aimed at addressing the undersupply of general practitioners are seriously flawed.
- Further restraint in near-term land sales could potentially cause severe undersupply in two to three years' time.
Definition of undersupply in:
- The US English dictionary