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- Dictionarysupply/səˈplʌɪ/
verb
- 1. make (something needed or wanted) available to someone; provide: "the farm supplies apples to cider makers" Similar
- 2. take over (a vacant place or role): archaic "when she died, no one could supply her place"
noun
- 1. a stock or amount of something supplied or available for use: "a farm with good water supply" Similar
- 2. a person, especially a schoolteacher, acting as a temporary substitute for another: "a supply teacher"
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Apr 14, 2023 · Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Supply can relate to the amount...
- Will Kenton
As a noun, supply means an amount of something that has been stored up or stockpiled. For example, almost everyone keeps a supply of food in their house. The plural of supply is supplies and is used when more than one type of thing is being stored.
When economists talk about supply, they mean the amount of some good or service a producer is willing to supply at each price. Price is what the producer receives for selling one unit of a good or service.
to provide something that is wanted or needed, often in large quantities and over a long period of time: Electrical power is supplied by underground cables. supply something to someone Three people have been arrested for supplying arms to the terrorists.
SUPPLY meaning: 1 : the amount of something that is available to be used; 2 : things (such as food, equipment, fuel, etc.) that are needed for a particular purpose and that will be used by a particular person or group
Feb 2, 2022 · Supply is quite a straightforward concept, understood by non-economists and economists alike. The term “supply” refers to the amount of a good or service that a firm is willing and able to offer for sale for a given period of time.
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