drug on the market

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drug on the market

Something that is not in great demand because it is abundantly available. Mobile phones are a drug on the market these days, which is why they're so affordable.
See also: drug, market, on

a drug on the market

 and a glut on the market
something that is on the market in great abundance. Right now, small computers are a drug on the market. Twenty years ago, small transistor radios were a glut on the market.
See also: drug, market, on

drug on the market

A commodity whose supply greatly exceeds the demand for it. For example, Now that asbestos is considered dangerous, asbestos tile is a drug on the market. The use of the noun drug in the sense of "something overabundant" (as opposed to a medicine or narcotic) dates from the mid-1600s, but the first record of the full expression, put as drug in the market, dates only from the 1830s.
See also: drug, market, on

a drug on the market

an unsaleable or valueless commodity.
Drug in the sense of ‘a commodity for which there is no demand’ is recorded from the mid 17th century, but it is not clear from the word's history whether it is the same word as the medicinal substance.
1998 Spectator Merchant banks are a drug on the market these days.
See also: drug, market, on
References in classic literature ?
Watch- guards and toasting-forks were alike at a discount, and pencil- cases and sponges were a drug in the market.
Clare, "suppose that something should bring down the price of cotton once and forever, and make the whole slave property a drug in the market, don't you think we should soon have another version of the Scripture doctrine?