dumping

/'dʌmpiɳ/

Thân thiện

A company is accused of dumping cheap steel in foreign markets.

Definition

1. Noun:
   • The act of selling goods in a foreign market at a price lower than in the domestic market: This is the primary economic and trade meaning, referring to an unfair competitive practice.
   • The act of disposing of something, especially waste material, in a careless or unceremonious way: This meaning refers to getting rid of something by dropping or unloading it, often in a place considered improper.

Usage and Examples

• Noun (Economic/Trade Context):

  • The government imposed tariffs to counteract the dumping of cheap steel from abroad.
  • The international trade agreement has strict rules against dumping to protect local industries.

• Noun (General Disposal Context):

  • Illegal dumping of industrial waste in the river has caused severe pollution.
  • The dumping of old furniture on the roadside is a common problem in this neighborhood.

Advanced Usage

• "Predatory dumping": A strategy where a company sells goods at a loss in a foreign market to drive out competitors, intending to raise prices later.

  • The investigation focused on allegations of predatory dumping intended to create a monopoly.

• "Anti-dumping duties": Special tariffs imposed by a country to offset the price advantage of dumped imports.

  • The commission recommended imposing anti-dumping duties on imported electronics.

Variants and Related Words

• Dump (verb): To deposit or dispose of (garbage, waste, or unwanted material), typically in a careless way. Also, to sell goods in a foreign market at a very low price.

  • He was fined for trying to dump trash in the protected forest.
  • The company was accused of trying to dump excess inventory overseas.

• Dump (noun): A site for depositing garbage or waste.

  • The old town dump has now been converted into a park.

Synonyms

• Disposal (for the general act of getting rid of something).
• Discarding (for throwing something away).
• Offloading (for selling goods cheaply abroad).

Related Phrases

• Dumping ground: A place where unwanted things or people are left or sent.
  • That vacant lot has become a dumping ground for old appliances.
  • The department became a dumping ground for underperforming employees.

Idioms

• "Dumping on someone" (informal, phrasal verb): To criticize someone severely or unfairly, or to tell one's problems to someone in an excessive way.
  • Stop dumping on me for a mistake I didn't make.
  • She called her friend just to dump all her worries on her.

Học thuật

Noun

1. selling goods abroad at a price below that charged in the domestic market