Usually around seasonal times, bank holidays etc, people tend to buy more food products than they need even though the supermarkets will only be closed for 1-2 days.
wife - 'i must have that last tin of baked beans'
husband - 'its xmas darling when will we need baked beans? we dont want to be seen to be panic buying'
wife - 'the shops will be shut who knows?? grab it, its the last 1'
husband - argghhhhhhh!
by fastforward December 18, 2008
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Business term, whose definition is: when you panic, and you buy.
Lucy was panic buying 10000 barrel of Russian oil because she was very panicked.
by My10InchHandle January 10, 2023
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Something that selfish twats do prior to a Covid-19 lockdown and don't even consider other individuals in need for the products being hoarded.
BREAKING NEWS: "CORONAVIRUS IS ON THE RISE".

Karens: Starts panic Buying loo roll, canned products, Easter eggs, baby wipes, pasta etc.
by Rotten Turkey May 8, 2021
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Stupid twats who buy up shit when they dont need it cause they see others doing on TV
Wankers were panic buying today because of a shite rumour and TV
by mhgh9 March 30, 2012
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