coemption

coemption

(kəʊˈɛmpʃən)
n
(Commerce) the buying up of the complete supply of a commodity
[C14: 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: Trade
Mentioned in ?
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.
"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.