coemption

noun

co·​emp·​tion
kōˈempshən
plural -s
obsolete
: purchase of all supplies of a commodity in the market especially to gain a monopoly
coemptive
(ˈ)kō¦emptiv
-ēv
adjective

Word History

Etymology

Latin coemption-, coemptio coemption, coemptio, from coemptus, past participle of coemere to buy up (from co- + emere to buy) + -ion-, -io -ion

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Cite this Entry

“Coemption.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/coemption. Accessed 28 Nov. 2024.

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