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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)
panic buying - Related Articles

  • Business Continuity Management: How to Prepare for the Worst

    Best Practice

    were refunded). British Airport Authority rationed aviation fuel at Heathrow: airlines diverted to other European airports to refuel. Broadcasts on BBC radio and television news urged motorists to avoid panic buying of fuel. The HQ of XL Video, a video producer for trade shows, events, television
    By Andrew Hiles

  • Investment Lessons from the Crash

    Viewpoints

    In reality, the smart move in October 2008 would have been to buy rather than to sell. The time for “panic-selling” was at the time of those early warning signs. At that point it actually would have been sensible to move out of equities into cash—or even better, into short-dated government gilts (since cash itself became wobbly as the banks looked like failing
    By Jeremy Beckwith

  • Extraordinary Popular Delusions and the Madness of Crowds

    Finance Library

    Extraordinary Popular Delusions and the Madness of Crowds is a seminal work in the development of understanding crowd psychology. It provides an overview of the great financial manias and irrational behavior in other areas of life, focusing on the fads, delusions, crazes, panics, and buying binges that originally arise from seemingly rational ideas

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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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