Meaning of "Hoarding"

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Sa-Jae-Gi

Hoarding사재기#경제/재테크#혐오#사회/이슈#욕설Ancient Meme

The act of seeking profit or rewards through abnormal purchasing practices, such as buying large quantities of specific items beyond what is necessary to build up inventory

"If you give in to rumors that prices will rise just before the holidays and start hoarding, it will ultimately only increase the burden on consumers."

Loan Pyramid SchemeThis is a fraudulent loan scheme in which victims are lured into taking out loans from secondary financial institutions, and the loan funds are then passed on to other borrowers to expand the scheme.PromotionThis refers to the process of progressively advancing through ranks or job levels—such as Silver, Gold, and Diamond—by meeting specific performance criteria, such as sales targets or recruitment goals.Cryptocurrency pyramid schemeThis is a modern-day pyramid scheme in which operators pose as legitimate, publicly traded virtual assets, lure investors by promising high returns, and use funds from new investors to pay existing ones, thereby sustaining the scheme.ClosingThis is the final stage, just before negotiations conclude, in which psychological pressure is applied to make it difficult for the other party to refuse, thereby prompting them to take the final step, such as signing the contract or making a payment or deposit.Exit 10 at Seolleung StationThis term refers to "Exit 10" at Seolleung Station, a specific subway station. It is known as a former gathering place where multi-level marketing and fraudulent sales organizations used to lure new recruits, and has since come to be used metaphorically to describe similar fraudulent or solicitation schemes.Royalty incomeThis is a form of commission-based income generated by receiving a certain percentage of the profits derived from the sales (revenue) of subordinate team members, even without engaging in direct labor or sales activities; it is typically received in the form of a pension or regular payments.Compiling a listThe act of compiling a list of acquaintances' names and contact information immediately after signing up, and then using that list to approach or attempt to connect with specific individualsSponsorA person or organization that supports an activity or organization by providing funding or infrastructure to help it achieve its goals