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hoard (verb) store and hide.

When people hoard, they collect and keep in a secret place large quantities of food, grain, jewelry, etc., either for safety or for selling them at a higher price in times of scarcity. Usually when there is a shortage of food, grain, etc., profiteers collect them in large quantities and keep them in a secret place so that they can sell them for higher prices later.

  • Food prices have soared because racketeers have hoarded large quantities of food. If only they are released into the market the prices will come down.
  • He is miserly and is unwilling to spend the money which he has hoarded during his period of active earning.
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Last Modified : 11-May 2009
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