Today’s “Word of the Day” is “price-gouging“ and it is a noun meaning “it refers to the action/practice of sellers trying to take unfair advantage of consumers during an emergency or disaster or crisis by unreasonably & excessively increasing prices for essential consumer goods and services”.
Example Sentence: With the head of Hanoi (capital city of Vietnam) centre for disease control being arrested for suspected corruption in relation to the purchase of testing kits, and small traders getting fines for price-gouging face-masks, the government has also been clear that public health cannot be entangled with commercial interests.
This word is present in The Guardian article Vietnam is fighting Covid without pitting economic growth against public health and click here to read it.
Courtesy: The Guardian
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