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单词 coal vend
释义

coal vendn.

Brit. /ˈkəʊl ˌvɛnd/, U.S. /ˈkoʊl ˌvɛnd/
Origin: Formed within English, by compounding. Etymons: coal n., vend n.
Etymology: < coal n. + vend n.
1. The sale of coal from a colliery; the amount of coal sold during a certain period. Cf. vend n. 2. Obsolete.Recorded earliest in attributive use.
ΘΚΠ
society > trade and finance > selling > selling or sale of specific things > [noun] > coal
vend1708
coal vend1827
1827 E. Mackenzie Descr. & Hist. Acct. Newcastle I. 552/2 (table) Printing 450 coal vend certificates and stationery.
1853 Economist 19 Feb. 220/2 The Australian Agricultural Company, whose revenues have of late been more dependent on their coal vend than on profits derived from other operations.
1882 Iron 10 Nov. 403/1 With regard to the coal vend, there are thirteen seams in this field.
1894 Northern Echo 16 June The workmen at the Beamish air pit..were..entitled to a portion of the coal vend worked out.
2.
a. Also with capital initials. The practice of restricting the quantity of coal sold by each of a group of collieries in any one year in order to keep coal prices artificially high. Now historical.Originally with reference to the actions of coal producers in the north east of England. Later also applied to similar schemes elsewhere, most notably in Australia in the early 20th cent.
ΚΠ
1872 Daily News 27 Sept. In the days of the ‘Coal Vend’ coals have sold in London at 40s. per ton.
1908 Commonw. Austral. Parl. Deb. XXXIX. 3962/2 The unionists in that industry favour the coal vend, because it has a favourable effect upon them—it results in an increase in their wages.
1939 Jrnl. Amer. Statist. Assoc. 34 609 The rise of the Coal Vend and its history down to 1771.
2000 G. Fleming in D. Merrett Business Inst. & Behaviour in Austral. 68 The Australian collieries drew on the experience of the North England coal vend.
b. Chiefly Australian. In extended use: a group or cartel of colliery owners, coal merchants, etc., responsible for establishing and enforcing such restrictions. Now historical.
ΘΚΠ
society > trade and finance > trader > traders or dealers in specific articles > [noun] > in coal
wood-coaler1600
collier1625
coal merchant1645
coal fitter1655
coal monger1665
coal factor1715
coal vend1906
1906 Commonw. Austral. Rep. Royal Comm. on Navigation Bill 871/1 The Melbourne Steamship Company has retired from the Melbourne coal vend.
1921 W. F. Notz & R. S. Harvey Amer. Foreign Trade viii. 126 The Newcastle Coal Vend, which is a combination of all the principal coal mine owners in the Newcastle district, New South Wales, occupies a particularly strong position in the coal market.
2000 G. Fleming in D. Merrett Business Inst. & Behaviour in Austral. 48 The northern collieries coal vend operated under conditions of firm entry, technological change and fluctuating demand, and these conditions presented vend members with difficulties.
This entry has been updated (OED Third Edition, September 2013; most recently modified version published online March 2022).
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n.1827
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