engrossing

engrossing, n. Hist. The practice of buying large quantities of commodities or merchandise with the intent of gaining a monopoly and selling them at a very high price. • Engrossing was a misdemeanor in England until 1834.

— Also termed engrossment. See CORNERING THE MARKET.

“Engrossing … is the getting into one’s possession, or buying up, of corn or other dead victuals, with intent to sell them again. This must of course be injurious to the public, by putting it in the power of one or two rich men to raise the price of provisions at their own discretion.” 4 William Blackstone, Commentaries on the Laws of England 158 (1769).

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。