coemption
noun
co·emp·tion
kōˈempshən
plural -s
obsolete
: purchase of all supplies of a commodity in the market especially to gain a monopoly
coemptive adjective
(ˈ)kō¦emptiv
-ēv
Word History
Etymology
Latin coemption-, coemptio coemption, coemptio, from coemptus, past participle of coemere to buy up (from co- + emere to buy) + -ion-, -io -ion