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The conscious refusal to buy products from a certain company or country. Boycotts are often organized on a large scale in an attempt to influence the behavior of companies or countries. Very often, boycotts are ethical or political.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
- the withholding of supplies of products to a trader by a producer because the trader is, for example, in breach of CONTRACT or the trader is selling the products as LOSS LEADERS. See REFUSAL TO SUPPLY.
- the cessation of INTERNATIONAL TRADE, wholly or in part, with a particular country by other countries.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
- 1the withholding of supplies of GOODS from a distributor by a producer or producers in order to force that distributor to resell those goods only on terms specified by the producer. In the past, boycotts were often used as a means of enforcing RESALE PRICE MAINTENANCE.
- the prohibition of certain imports or exports, or a complete ban on INTERNATIONAL TRADE with a particular country by other countries.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005