oversalen.
/ˈəʊvəseɪl/, U.S. /ˈoʊvərˌseɪl/ Originally 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.
ΘΚΠ
society > trade and finance > selling > [noun] > sales beyond available supply
oversale1889
1889 Daily News 11 Dec. 2/2 This artificial price was probably due to large oversales by ‘bears’, and the advance may have been brought about by the struggle to secure warrants to cover these sales.
1899 Daily News 10 May 2/5 This alarmed the ‘bears’, who rushed in to cover their oversales.
1912 Q. Jrnl. Econ. 26 464 Representing the Eastern Dynamite Company, a penalty of two cents per pound on such over-sales.
1958 Econometrica 26 137 The margin of admissible oversales is chosen more or less arbitrarily from among the small integers.
1991 Jrnl. Econ. Perspectives 5 221/1 Examples include auctioning airport slots, education vouchers, the volunteer scheme for airline oversales, and auctioning immigration visas.
This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022).
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n.1889