Dumping - Meaning, Definition & English Examples
Dumping refers to selling goods in large quantities at very low prices, often below cost, usually to gain market share or eliminate competition. It can also mean discarding waste improperly.
Definition:
Selling goods abroad at unfairly low prices to undermine competition.
Synonyms:
offloading, discarding, disposing, jettisoning
Part of Speech:
noun, verb
Antonyms:
hoarding, retaining
Common Collocations:
dumping goods, anti-dumping laws, price dumping, dumping waste
Derivatives:
dumper, dumped
Usage Tips:
Use "dumping" for unfair trade or careless disposal; context clarifies meaning.
Common Phrases:
dumping ground, dump and run, anti-dumping duty
Etymology:
Originates from "dump," meaning to drop or discard, first used in trade contexts in the early 20th century.
Examples:
- 1. The company was accused of dumping cheap products overseas.
- 2. Illegal dumping of waste harms the environment severely.
- 3. The government imposed tariffs to prevent dumping by foreign competitors.
- 4. She felt guilty after dumping her old books carelessly.