Definition, Meaning & Synonyms
undersupply
noun
/ˌʌndəˈsəplaɪ/
Definition
A situation in which something is not provided in sufficient quantity to meet demand.
Examples
- The undersupply of housing has led to increased prices in the real estate market.
- There was an undersupply of food during the drought, affecting local communities.
- The undersupply of skilled workers in the industry is causing delays in projects.
Meaning
Undersupply refers to the condition where the available amount of a product or resource is less than what is needed or expected.
Synonyms
- shortage
- deficiency
- lack
- insufficiency
- scarcity
