A contracted sale in which the trader has insufficient stock to supply the agreed amount; (in plural) the amount by which contracted sales exceed available supply.
Origin
Late 19th century; earliest use found in The Daily News. From over- + sale.
Definition of oversale in US English:
oversale
nounˈəʊvəseɪl
Stock Market
A contracted sale in which the trader has insufficient stock to supply the agreed amount; (in plural) the amount by which contracted sales exceed available supply.
Origin
Late 19th century; earliest use found in The Daily News. From over- + sale.