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panic buying

British  

noun

  1. the buying up of large quantities of a commodity which, it is feared, is likely to be in short supply

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In the Colonial Pipeline attack, Russia-based hackers used a compromised password to gain access to the pipeline’s network, causing fuel shortages and panic buying at gasoline stations.

From The Wall Street Journal

“This follows three years of sub-par earnings growth, essentially pushing equity inflows into seven stocks that had tremendous EPS growth. This whole dynamic of 2023-2025 appears to be changing, and equity investors seem to be panic buying all the underperforming areas of the market in 2023-2025 in recognition of the EPS growth change.”

From Barron's

The phenomenon of panic buying, or overspending on goods before a natural disaster, is well documented.

From MarketWatch

For some people, control means retaining a sense of normalcy, especially when panic buying is escalating all around them — partly due to what psychologists refer to as a “herd mentality.”

From MarketWatch

Was it an indication of the struggle to get supplies through to the city or a result of panic buying?

From BBC