Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. A market condition characterized by high prices and a supply of commodities falling short of demand.
Wiktionary
- n. economics, finance (idiomatic) An excess of demand over supply, leading to abnormally high prices; a market condition favoring the seller.
WordNet 3.0
- n. a market in which more people want to buy than want to sell
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