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panic buying
noun
- the buying up of large quantities of a commodity which, it is feared, is likely to be in short supply
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Example Sentences
Examples have not been reviewed.
"The Beyhive sale had a lot of panic buying and/or increased dynamic prices from Ticketmaster/SeatGeek - I think both," she says.
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“And with eggs making national headlines daily, there may also be an element of panic buying, further fueling demand.”
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It is understood that Diageo is managing its allocation limits on Guinness on a weekly basis and trying to avoid panic buying before the festive period.
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Some landlords say that pubs have been "panic buying" Guinness.
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Then this spring and early summer, shortages of petrol led to queues outside petrol stations, and the state-owned Nigerian National Petroleum Company warned against people panic buying.
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