coemption

(kəʊˈɛmpʃən)

(Commerce) the buying up of the complete supply of a commodity

[C14: from Latin coemptiōnem a buying together]

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

coemption

Obsolete, the purchase of all of a given commodity in order to control its price. — coemptive, adj.

See also: Trade

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trade

References in classic literature ?

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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"I presume the slides were sent to station masters as a promotional move at a time when there was keen coemption between railway companies," said Chris.

Long-lost rail tales live on in slides set for sale; 60 slides found in a box were a part of history

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