forestaller

[ˈfɒrɪstɔːlə(r)]

forestaller Definition

a person who buys up goods or land in advance of their competitors in order to sell them at a higher price.

Using forestaller: Examples

Take a moment to familiarize yourself with how "forestaller" can be used in various situations through the following examples!

  • Example

    The forestaller bought all the wheat before the other merchants could get to it.

  • Example

    The practice of forestalling was made illegal in the 16th century.

  • Example

    The forestaller's actions led to a shortage of goods in the market.

forestaller Synonyms and Antonyms

Synonyms for forestaller

Phrases with forestaller

  • to buy up goods or land in advance of competitors in order to manipulate the market

    Example

    The company tried to forestall the market by buying up all the available shares.

  • forestall someone's plans

    to prevent someone from doing something by taking action ahead of time

    Example

    The sudden rainstorm forestalled our plans for a picnic.

  • to take action to prevent a disaster from happening

    Example

    The government took steps to forestall a financial crisis.

Origins of forestaller

from Old English 'foresteallian', meaning 'to intercept'

📌

Summary: forestaller in Brief

'Forestaller' [ˈfɒrɪstɔːlə(r)] refers to a person who buys goods or land in advance of competitors to sell them at a higher price. It is an illegal practice that can lead to shortages in the market, as seen in 'The forestaller's actions led to a shortage of goods in the market.' 'Forestaller' extends into phrases like 'forestall the market,' which means to manipulate the market by buying up goods in advance, and 'forestall someone's plans,' which means to prevent someone from doing something by taking action ahead of time.