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What (who) is overstock - definition

ECONOMIC TERM FOR LARGER STOCK THAN NECESSARY

Excessive stock; Excessive inventory

Overstock

·noun Stock in excess.

II. Overstock ·vt To fill too full; to supply in excess; as, to overstock a market with goods, or a farm with cattle.

overstock

¦ verb stock with more than is necessary or required.

?put more animals in (an area) than it is capable of supporting in terms of food or space.

¦ noun a supply or quantity in excess of demand.

overstock

v. a.

Crowd, overfill.

Wikipedia

Overstock

Overstock, excessive stock, excess2sell, B-stock, or excess inventory, is the result of poor management of stock demand or of material flow in process management. Excessive stock is also associated with loss of revenue owing to additional capital bound with the purchase or simply storage space taken. Excessive stock can result from over delivery from a supplier or from poor ordering and management of stock by a buyer for the stock.

When referring to overstock merchandise in the form of consumer goods in a retail operation, the term refers to goods that have never been purchased by a customer but that are considered excessive stock from shelves and/or warehouses. Excessive stock is typically discarded of in the following ways: returned to the manufacturer or original distributor; liquidated to companies that then resell it on the secondary wholesale or retail market; sold at an extreme discount to existing customers; or sold to salvage companies which then process metals and components of value.

https://en.wikipedia.org/wiki/Overstock

Examples of use of overstock

1. Advertisement GAP has never operated in Israel directly, although items occasionally turn up in Israeli overstock outlets.

2. We are used to drought and people die – but we also need to make sure we don‘t overstock with cattle or it degrades the land.

3. Fopp began as a one-man stall in Glasgow in 1'81, its founder, Graham Montgomery, then named it A1 Records (to commandeer the first record store entry in the Yellow Pages) and sold records he acquired cheaply as overstock or deleted tracks.

4. The tool complements a newly launched filter that displays a red warning for known phishing sites and yellow for suspicious ones. EV does not authenticate that your plasma TV is going to show up or that it won‘t have a crack through it,‘‘ said Tim Callan, director of product marketing for VeriSign Inc., which issued its first EV certificate to Overstock this month.

5. Permission to reprint/republish My ally: Dealio, a stealthy plug–in application for PCs (Explorer 5.5 is the required browser). The idea: Land on a consumer–electronics gadget (don‘t look for appliance items like toasters) at any of the 20 biggest e–commerce sites – Amazon, Overstock, or Target, to name a few – and Dealio will tell you if the price is right.