oversale

oversale

(ˈəʊvəˌseɪl)
n
(Accounting & Book-keeping) the selling of more than is available
References in periodicals archive ?
City were fined PS25,000 after the league match, scheduled for last Sunday, was called off due to what the SFL described as "a substantial oversale of tickets", with around 1,100 extra tickets reportedly sold on top of the 4,520 capacity of Borough Briggs.
Cognizant of the costs of an oversale, airlines compute the mean and distribution of the proportion of no-shows and late cancellations for specific markets.
Oversales data, unlike other air carrier data, are reported quarterly rather than monthly.
gov/content/van-hollen-announces-customers-not-cargo-act) letter on Capitol Hill asking for support for his "Customers Not Cargo Act," which the letter says will "prohibit airlines from forcibly removing passengers after they have already boarded the plane due to oversales or airline staff seeking to fly as passengers.
04 billion, according to analytics firm comScore, rising 17 percent oversales for the popular online shopping day in 2013.
Rounding out the top ten in rank order were- tarmac delays and strandings, TSA complaints, shrinking leg room & seat size, airline mergers & competition, compensation for excessive flight delays, bumping or oversales, and airport related issues.
The CAB's current policy embodied in its Oversales Regulations, however, is (1) to allow oversales, (2) to leave it to the carrier to ensure that bumping is minimized, (3) to provide a regulated amount or minimum compensation to the aggrieved passenger, and (4) to recognize the passenger's optional right to recover damages in a court of law.
Besides searching by any number of criteria, Shearon adds, the system can generate graphs of employee activity, documenting all transactions and creating comparisons between employees that might show differences in oversales or undersales, for example.
But by now there has been enough confirmation of the results of my work, both in practice (the airline oversales auction system), and in the non-appearance of work showing me to be in error (as well as the same work being done later by others and received well), that that hypothesis does not explain the whole.
Lufthansa customer complaints increased in 2010 in seven of the top eight complaint categories: flight problems, baggage, rescheduling/ticketing, refunds, fares, oversales and disability access.
In the category of oversales, or passengers denied boarding, which are reported quarterly, Hawaiian ranked third in 2012 for the lowest rate at 0.
Enhancing Oversales and Denied Boarding Compensation Requirements