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1) a supply in excess of demand (glut)

Synonyms
UK
US
Meaning:
immensely

to a very large degree; very much

in addition

spare

kept for use when needed; additional to what is being or will be used; a spare part (for a machine or engine); (to agree) to avoid hurting, punishing, destroying, (a person, building etc)

extra, reserve

superfluous

more than is needed or wanted

extra, unnecessary

surplus

an amount (of money, goods etc) that remains after needs have been supplied

extra

IN EXCESS as in Wiktionary
IN EXCESS as in Wikipedia