stockpiling

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stockpiling

the holding of levels of STOCK which are greater than would be normally required by a person, firm or government agency. Stockpiling usually occurs at times of an actual or expected shortage of a product or in anticipation of a price rise.

stockpiling

the act of accumulating STOCK over and above normal requirements. National and international trade is dependent upon complex and interrelated supply lines from the raw material to the finished good. If at one point along the supply chain a shortage (or bottleneck) can be perceived in advance by firms beyond that point, then those firms will attempt to purchase much greater stocks than their immediate needs warrant. Stockpiling occurs in many areas of economic life, from a government stockpiling food or weapons to an individual consumer amassing quantities of food in anticipation of a price rise. See also BUFFER STOCK.
References in periodicals archive ?
According to the officials, METI ordered the three companies to maintain necessary crude stockpiles on April 9, but they failed to do so.
Thus, many stockpiles are buried, burned in open containers, or simply left outdoors to migrate into soil and water from leaking containers.
Discussions are under way with Wyeth to begin production of sufficient new diluent for the entire stockpile.
The Commerce Department said wholesale stockpiles increased 0.
With the elimination of the Utah chemical weapons stockpile, CMA has safely destroyed nearly 90 percent of the Nation's stockpile of chemical agent and has successfully completed its mission to destroy all chemical agent munitions and items declared at entry into force of the Chemical Weapons Convention (CWC) and assigned to CMA for destruction.
The tank will allow the government to accomplish its goal of creating by fiscal 2010 state-run stockpile facilities with a combined capacity of 1.
The GAO recommended implementing unannounced inspections of the stockpiles and tracking systems to record transactions and assist in disposing of outdated supplies.
When you redeem a Stockpile gift card and open a brokerage account, you get fractional shares of real stock that you choose.
The Southbridge Recycling and Disposal Park landfill will settle claims that improper maintenance and monitoring of a large soil stockpile caused a landslide that damaged adjacent wetlands, the attorney general's office said Wednesday.
The company proposes either longitudinal or circular stockpile designs.
Abu Dhabi has agreed to nearly double a strategic crude stockpile in Japan to 1 million kilolitres as the nation's demand for oil grows in the wake of the Fukushima disaster, Wam reported.