| ̷ ̷ ̷ ̷| ̷ ̷ verb
Etymology: Middle English overbiggen, from over (I) + biggen, byen to buy
transitive verb
1. obsolete : to buy at an excessive price
2.
a. : to buy in quantities exceeding needs or demand
found that he had overbought fertilizer
b. : to affect injuriously (as by causing price rises) by too much buying especially in relation to supply
intransitive verb
: to make purchases that are in excess of needs or demand or are beyond one's means
overbuying and then holding for an advance in prices — Jules Backman
overbuying … is often detected and the subscribers warned — A.F.Chapin