Definition Definition

Hoarding

Definition in Economics

Hoarding is a situation in which financial investors, companies, or individual consumers choose to hold hoards of cash or other liquid assets, rather than spending and re-spending that money. 

Intense fears about future economic and financial turbulence often result in buyers holding on to excess of a specific product  – yet hoarding itself can create the very market disturbance which hoarders fear.

But more often than not hoarders try to create a scarcity in the market so that they can gain more profit when the demand is at the peak while supply is barely available. The is when the price peaks and there is unrest in the market.

Definition in British English

Large advertisement broads that are put up in public places for displaying promotional messages on a huge scale. 

Definition in Construction

The fence surrounding a construction site on a temporary basis while the construction work is ongoing.

Definition in Psychology

A difficulty associated with throwing away collected things or parting with possessions regardless of their value. Hoarding Disorder is a medical condition where the patient stockpiles an excessive amount of something in an obsessive manner and finds it difficult to clear the clutter later on.

The action of storing something particular in someone’s mind (as a memory) for future use would also be termed hoarding.

 

Use of the Term in Sentences

  • Obsessive hoarding is never a good idea since growing too close a bond with material things always leads to unnecessary clutter.

 

Category: Economics
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