coemption

noun

co·​emp·​tion

kōˈempshən

plural -s

obsolete

: purchase of all supplies of a commodity in the market especially to gain a monopoly

coemptive

(ˈ)kō¦emptiv

-ēv

adjective

Word History

Etymology

Latin coemption-, coemptio coemption, coemptio, from coemptus, past participle of coemere to buy up (from co- + emere to buy) + -ion-, -io -ion

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