price gougingprice gouging
Informal the act or an instance of drasticly raising the price of something that is temporarily in short supply
Origin of price gougingsee gouge, transitive verb
- Present participle of price gouge.
(usually uncountable, plural price gougings)
- The act of or an instance of charging services or pricing goods at unreasonably high prices.
- The farmers aren't really guilty of price gouging, but they are trying to recoup some of their losses from the flooding earlier this spring.