COEMPTION

Noun

coemption (countable and uncountable, plural coemptions)

The buying of the entire supply of a commodity.

(historical) A form of civil marriage (in Roman law) in which a fictitious sale of the man and wife took place.

Source: Wiktionary


Co*emp"tion, n. Etym: [L. coëmptio, fr. coëmere to buy up. See Emption.]

Definition: The act of buying the whole quantity of any commodity. [R.] Bacon.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

16 May 2024

INDEXATION

(noun) a system of economic regulation: wages and interest are tied to the cost-of-living index in order to reduce the effects of inflation


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Coffee Trivia

Decaffeinated coffee comes from a chemical process that takes out caffeine from the beans. Pharmaceutical and soda companies buy the extracted caffeine.

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