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hoarding

 
Dictionary: hoard·ing   (hôr'dĭng, hōr'-) pronunciation
n.
  1. A temporary wooden fence around a building or structure under construction or repair.
  2. Chiefly British. A billboard.

[Obsolete hoard, hourd, from French dialectal hourd, fence, scaffold, hurdle, from Old French, of Germanic origin.]


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Business Dictionary: Hoarding
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Excess accumulation of commodities or currency in anticipation of scarcity and/or higher prices.

Law Dictionary: Hoarding
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The excess accumulation of commodities, goods, or currency in anticipation of scarcity and/or higher prices. Hoarding is a common practice during periods of high inflation, during wartimes, and during periods of economic or political instability.

Wikipedia: Hoarding
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Hoarding is a general term for the accumulation of food or other items. The term is used to describe both animal and human behavior.

Contents

Animal behavior

Hoarding of food is a natural behaviour in certain species of animals. Such hoarding occurs in two forms:

  • Larder hoarding, the collection of large amounts of food in a single place (a larder), which usually also serves as the nest where the animal lives. Hamsters are famous larder hoarders. Indeed, the word "hamster" is derived from the German verb "hamstern" which means "to hoard"; similar verbs are found in various related languages (Dutch hamsteren, and Swedish hamstra). Other languages also draw a clear connection between hamsters and hoarding: Polish chomikować, from chomik – hamster; Hebrew hamster; oger (אוגר) comes from to hoarde; le'egor (לאגור).
  • Scatter hoarding, the formation of a large number of small hoards or caches of nuts and other seeds. Many species of squirrel, including the Eastern Gray Squirrel and the fox squirrel, are well known for scatter hoarding. This behaviour plays an important part in seed dispersal, as those seeds that are left uneaten will have a chance to germinate, thus enabling plants to spread their populations effectively.

Human behavior

Hoarding as a human behavior may be a response to perceived or predicted shortages of specific goods, or a compulsive abnormal behavior. The compulsive collecting of objects is known as pathological or compulsive hoarding. The compulsive collection and ownership of pets is known as animal hoarding.

Hoarding behavior may be a common response to fear, whether fear of imminent society-wide danger or simple fear of a shortage of some good. Civil unrest or natural disaster may lead people to collect foodstuffs, water, gasoline, and other essentials which they believe, rightly or wrongly, will soon be in short supply. Unlike hoarding immediately before or in the wake of a crisis, hoarding a resource while its supply is abundant can actually alleviate future shortages because those who stockpile in this manner will not contribute to future demand when supplies are reduced.

Humans also hoard money, especially if they expect deflation, in which falling prices mean that the purchasing power of money will rise. More generally, money hoarding is the accumulation of money by people who avoid spending it or investing it in economic projects, because of a risk aversion, or of a preference for liquidity, or of a lack of a better use for the money.

Hoarding of goods can often cause the very shortage which has been feared, and governments sometimes choose to introduce rationing in order to combat hoarding, as well as to reduce consumption and waste. However, those who have successfully hoarded the desired goods will not have to worry about the shortage, whether it was their fault or not.

On a larger scale, hoarding can be a business strategy similar to monopolisation, where an individual or organization attempts to temporarily control all available supplies of a given good in order to artificially increase the price. This strategy is also known as "cornering the market".

Further reading

  • Tolin, David; Frost, Randy; Steketee, Gail (2007). Buried in Treasures: Help for Acquiring, Saving, and Hoarding. Oxford: Oxford University Press. ISBN 978-0195300581. 
  • Neziroglu, Fugen; Bubrick, Jerome; Yaryura-Tobias, Jose (2004). Overcoming Compulsive Hoarding:Why You Save & How You Can Stop. California: New Harbinger. ISBN 978-1572243491. 
  • Steketee, Gail; Frost, Randy (2006). Compulsive Hoarding and Acquring: Workbook. Oxford: Oxford University Press. ISBN 978-0195310559. 
  • Steketee, Gail; Frost, Randy (2006). Compulsive Hoarding and Acquring: Therapist Guide. Oxford: Oxford University Press. ISBN 978-0195300253. 

See also

Reclaiming Dignity

References


Translations: Hoarding
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Dansk (Danish)
n. - plankeværk, indhegning, plakatstativ, hamstring, ophobning

Nederlands (Dutch)
hamsteren, verzamelen, reclamebord, (tijdelijke) schutting, het hamsteren, het opslaan

Français (French)
n. - palissade, panneau publicitaire, accumulation (d'économies)

Deutsch (German)
n. - Hamstern, Bretterzaun

Ελληνική (Greek)
n. - αποθησαύριση, απόκρυψη (αγαθών), σανίδωμα, πλαίσιο διαφήμισης

Italiano (Italian)
recinto provvisorio, tabellone

Português (Portuguese)
n. - armazenagem (f) de alguma coisa

Русский (Russian)
тайное накопление запасов, клад

Español (Spanish)
n. - cartelera, valla publicitaria, acumulación, retención, acaparamiento

Svenska (Swedish)
n. - samling, hamstring, tesaurering (ekon.), plank, annonstavla

中文(简体)(Chinese (Simplified))
贮藏, 囤积, 积畜

中文(繁體)(Chinese (Traditional))
n. - 貯藏, 囤積, 積畜

한국어 (Korean)
n. - 비장, 퇴장, 축적물

日本語 (Japanese)
n. - 秘蔵, 蓄積, 買いだめ, 板囲い, 広告板, 貯蔵, 貯蔵物, 掲示板

العربيه (Arabic)
‏(الاسم) سياج خشبي مؤقت حول مبنى ينشأ أو يرمم, لوحه اعلانات ضخمه على الجدران الخارجيه‏

עברית (Hebrew)
n. - ‮לוח מודעות, גדר זמנית סביב אתר בנייה‬


 
 
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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Hacker Slang. The Jargon File. Copyright © 2007.  Read more
Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Hoarding" Read more
Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved.  Read more