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glut (v.)

early 14c., glotien "to feed to repletion" (transitive), probably from Old French glotir "to swallow, gulp down, engulf," from Latin glutire/gluttire "to swallow, gulp down" (see gullet). Intransitive sense "feed (oneself) to repletion" is from c. 1400. Related: Glutted; glutting.

glut (n.)

1530s, "a gulp, a swallowing," from glut (v.). Meaning "condition of being full or sated" is 1570s; mercantile sense "superabundance, oversupply of a commodity on the market" first recorded 1590s.

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Definitions of glut from WordNet
1
glut (v.)
overeat or eat immodestly; make a pig of oneself;
Synonyms: gorge / ingurgitate / overindulge / englut / stuff / engorge / overgorge / overeat / gormandize / gormandise / gourmandize / binge / pig out / satiate / scarf out
glut (v.)
supply with an excess of;
Synonyms: flood / oversupply
2
glut (n.)
the quality of being so overabundant that prices fall;
Synonyms: oversupply / surfeit
From wordnet.princeton.edu