hoarding(redirected from hoard)
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A British term for a billboard.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
hoardingthe nonproductive retention of resources, products or money. Rather than release particular workers when demand for its products falls, a firm may retain them so as to be in a position to expand production again quickly when demand picks up. Hoarding of money may be practised by people who are reluctant to use the banking system, etc. as a repository for their savings.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
hoardingthe nonproductive retention of MONEY or PRODUCTS. A certain amount of money is held in currency form to finance day-to-day transactions but this is turned-over on a regular basis. Hoarding involves a deliberate abstention from current spending and investing, and may occur because of an increase in LIQUIDITY PREFERENCE. Hoarding often occurs in less developed countries where people are unfamiliar with, or suspicious about, using the banking system as a savings repository.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005