hoarding

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(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.]


Excess accumulation of commodities or currency in anticipation of scarcity and/or higher prices.

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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.

The purchase of large quantities of a commodity with the intent of pushing up the price. An investor hoping to increase the price of a commodity can do so by leveraging his or her demand for it, and buying physical inventory as well as purchasing futures contracts for that commodity. Hoarding can also take place in financial instruments like bonds.

Investopedia Says:
Hoarding is basically no different than buying and keeping a commodity. However, if the investor’s intent is to corner or otherwise monopolize a commodity, then it may be considered an illegal act. In 1933, owning more than $100 worth of gold became a criminal act called hoarding, but holding/hoarding as much gold as you can afford to buy was re-legalized in 1974. Unfortunately for traders and regulators, it is not always easy to distinguish hoarding from a deliberate intent to manipulate the market.

Related Links:
Find out how the largest speculative attempt to corner the market went awry. Silver Thursday: How Two Wealthy Traders Cornered The Market
Find out how Yasuo Hamanaka's actions in the copper market forever changed the rules for commodity traders. The Copper King: An Empire Built On Manipulation
Think the value of gold is unshakable? Read this chronicle of its rise and fall. The Gold Standard Revisited
The Series 3 exam is your quickest way to diversifying sales and adding futures to your future. Creating A Career With Commodities
Find out which futures, options, or funds will be your perfect commodity portfolio fit. How To Invest In Commodities


A Thule culture food cache near Cambridge Bay, Nunavut Canada.

Hoarding is a general term for a behavior that leads people or animals to accumulate food or other items during periods of scarcity.

Contents

Animal behavior

Hoarding and caching are common behaviors in many bird species as well as in rodents. Most animal caches are of food. However, some birds will also stingily collect other items, especially if the birds are pets. Magpies are famous for hoarding items such as money and jewelry, although research suggests they are no more attracted to shiny things than other kinds of items.

Human hoarding

Civil unrest or natural disaster may lead people to hoard foodstuffs, water, gasoline, and other essentials which they believe, rightly or wrongly, will soon be in short supply.

Mental illness

Apartment of a person with compulsive hoarding

Some hoarding in humans may be a form of mental illness, specifically obsessive–compulsive disorder,[1] where the perceived importance of the hoarded items far exceeds their true value.[2] In severe cases, houses belonging to such people may become a fire hazard (due to blocked exits and stacked papers) or a health hazard (due to vermin infestation, excretia and detritus from excessive pets, hoarded food, and garbage or the risk of stacks of items collapsing on the occupants and blocking egress paths).

See also

References

Further reading

  • Tolin, David; Frost, Randy; Steketee, Gail (2007). Buried in Treasures: Help for Acquiring, Saving, and Hoarding. Oxford: Oxford University Press. ISBN 978-0-19-530058-1. 
  • Neziroglu, Fugen; Bubrick, Jerome; Yaryura-Tobias, Jose (2004). Overcoming Compulsive Hoarding: Why You Save & How You Can Stop. California: New Harbinger. ISBN 978-1-57224-349-1. 
  • Steketee, Gail; Frost, Randy (2006). Compulsive Hoarding and Acquiring: Workbook. Oxford: Oxford University Press. ISBN 978-0-19-531055-9. 
  • Steketee, Gail; Frost, Randy (2006). Compulsive Hoarding and Acquiring: Therapist Guide. Oxford: Oxford University Press. ISBN 978-0-19-530025-3. 

External links


Translations:

Hoarding

Top

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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My Mother's Garden (2008 Culture & Society Film)