panic buying meaning
n. [u]
hurried mass buying because of fears of a shortage, war, etc.
hurried mass buying because of fears of a shortage, war, etc.
[Finance]
High volume buying brought about by sharp price increases.
Examples
More: Next- panic buying has been crucial to opec success.
- rapid inflation and major shortages caused by panic buying
- in panic buying monday and tuesday, customers stripped supermarkets and stores of bottled water and other beverages
- the fear of sudden natural disaster caused hyperinflation to occur in certain food markets because of panic buying by the public
- People have learned a lesson from the panic buying in 1988,