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coemption |
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coemption [kəʊˈɛmpʃən] n (Business / Commerce) the buying up of the complete supply of a commodity [from Latin coemptiōnem a buying together] coemption Obsolete, the purchase of all of a given commodity in order to control its price. — coemptive, adj. See also: TradeHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Monopolies, and coemption of wares for re-sale, where they are not restrained, are great means to enrich; especially if the party have intelligence, what things are like to come into request, and so store himself beforehand. |
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