coemption: meaning, definition, pronunciation and examples
Very Rare / ArchaicFormal, Historical, Legal, Economic
Quick answer
What does “coemption” mean?
The act of buying up the whole supply of a commodity.
Audio
Pronunciation
Definition
Meaning and Definition
The act of buying up the whole supply of a commodity; a cornering of the market.
In historical or legal contexts, can refer to the compulsory purchase of provisions for public use, or a Roman law contract of sale. More broadly, any comprehensive purchase designed to control supply.
Dialectal Variation
British vs American Usage
Differences
No significant regional difference in meaning or usage, as the term is equally rare in both varieties.
Connotations
Identical connotations of market control or historical practice.
Frequency
Extremely low frequency in both regions, found almost exclusively in historical, economic, or legal texts.
Grammar
How to Use “coemption” in a Sentence
coemption of [commodity]to engage in coemptionthe coemption was [adjective]Vocabulary
Collocations
Examples
Examples of “coemption” in a Sentence
verb
British English
- The merchant sought to coempt the region's wool supply.
- They were prosecuted for attempting to coempt the market.
American English
- The speculator tried to coempt the entire futures contract.
- Laws were passed to prevent anyone from coempting essential goods.
adverb
British English
- [No common adverbial form.]
American English
- [No common adverbial form.]
adjective
British English
- [No common adjectival form. 'Coemptive' is theoretically possible but unattested in standard use.]
American English
- [No common adjectival form. 'Coemptive' is theoretically possible but unattested in standard use.]
Usage
Meaning in Context
Business
Used in discussions of anti-competitive practices or historical market manipulation.
Academic
Found in economic history, Roman law studies, and papers on market regulation.
Everyday
Virtually never used in everyday conversation.
Technical
A precise term in historical economics and certain legal contexts describing a specific type of purchase.
Vocabulary
Synonyms of “coemption”
Strong
Neutral
Weak
Vocabulary
Antonyms of “coemption”
Watch out
Common Mistakes When Using “coemption”
- Using it to mean any large purchase.
- Confusing it with 'redemption' or 'exemption'.
- Assuming it is a common modern business term.
FAQ
Frequently Asked Questions
No, it is a very rare and largely historical term. You will encounter it almost exclusively in academic texts about economic history or Roman law.
Coemption specifically refers to the *act of buying* all of something to achieve control. A monopoly is the resulting *state of control* over a market, which can be achieved by various means, not just buying.
The verb form 'coempt' exists but is even rarer than the noun. It is grammatically correct but not in active modern use.
In modern economies, practices equivalent to coemption (cornering the market) are typically illegal under antitrust or competition laws designed to prevent market manipulation and ensure fair trade.
The act of buying up the whole supply of a commodity.
Coemption is usually formal, historical, legal, economic in register.
Coemption: in British English it is pronounced /kəʊˈɛmpʃ(ə)n/, and in American English it is pronounced /koʊˈɛmpʃən/. Tap the audio buttons above to hear it.
Phrases
Idioms & Phrases
- “[None specific to this rare term]”
Learning
Memory Aids
Mnemonic
Think 'CO-emption' as 'COMPLETELY buying' or 'CORNERING the market through purchase'.
Conceptual Metaphor
MARKET CONTROL IS OWNERSHIP OF ALL SUPPLY.
Practice
Quiz
What is the primary meaning of 'coemption'?