dumping
n. uncountablen. the act of selling goods in a foreign country at a very low price, often lower than what they cost to make. This is usually done to push out competitors and take over the market.
n. the practice of exporting goods to a foreign market at a price significantly lower than the domestic price or the cost of production. Often used as a predatory pricing strategy to gain market share or eliminate international competition.
The government is investigating the dumping of cheap steel.
Local farmers struggled to compete after the dumping of subsidized grain from overseas flooded the domestic market.
International trade regulators often impose anti-dumping duties to prevent foreign firms from destabilizing local industries by selling surplus inventory at artificially depressed prices.
Uncountable in its economic sense; often functions as the head of a noun phrase or follows 'the' in trade discussions.
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book dumping
The practice of donating old used books that burden rather than assist communities.
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granny dumping
The abandonment of an elderly relative in a public place, e.g. a hospital.
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homeless dumping
The practice of hospital employees or emergency workers releasing homeless patients on the streets instead of placing them into the custody of a relative or shelter or retaining them in a hospital where they may require expensive medical care.