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Home > QFINANCE Dictionary > Definition of panic buying

Definition of

panic buying

Finance

exceptional buying because of fear of shortages an unusual level of buying caused by fear or rumors of product shortages or by severe price rises

Recommended Further Reading (Term count)
  • Business Continuity Management: How to Prepare for the Worst
    by Andrew Hiles
    BC: Business continuityBCM: Business continuity managementBCP: Business continuity planBIA: Business impact assessmentDRP: A plan for the continuity orrecovery of information andcommunications technology (ICT)MCA: Mission-critical activitiesRisk appetite: The level of loss that anorganization is prepared to tolerateRTO: Recovery time objectiveRPO: Recovery point objective (of dataor transactions)

Definitions of ’panic buying’ and meaning of ’panic buying’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’panic buying’ and other financial terms with our online QFINANCE Financial Dictionary.

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