Today’s “Word of the Day” is pent-up demand and it is a noun meaning “a sudden increase in demand for a service or product after a period of decreased spending by consumers; (pent-up means suppressed, restrained, constrained)”.
Example Sentence: Post-pandemic, recovery in the Indian economy has been uneven. The second wave of the COVID-19 pandemic in 2021 devastated lives and livelihoods. The economy stuttered again when a third, albeit less severe, wave saw the spread of the Omicron variant early this year. Add to this the return of pent-up demand in economies worldwide as the pandemic subsided. The pace of recovery caught suppliers off guard, contributing to supply-side shortages.
This word is present in The Hindu article Explained | Why are FPIs dumping Indian stocks? and click here to read it.
Courtesy: The Hindu
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