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price gouging

[ prahys-gou-jing ]
/ ˈpraɪs ˌgaʊ dʒɪŋ /
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noun

an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited: The law prohibits price gouging during weather emergencies such as snowstorms.

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Origin of price gouging

First recorded in 1915–20
price gouge, price-gouge, verb (used with or without object)price goug·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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