Price gouging is a term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it can refer either to prices obtained by practices inconsistent with a competitive free market, or to windfall profits.
Take a $16 ticket, add $5.90 convenience charge, then add $2.20 for ordering online, and that's a 52% markup for a ticket to buy from ticketmaster.com
FIFTY PERCENT MARKUP, now THAT IS PRICE GOUGING!!!
FIFTY PERCENT MARKUP, now THAT IS PRICE GOUGING!!!
by ihatescams October 6, 2009
by Kiyoshio August 6, 2011
The blatant, purposeful and nefarious act of overcharging for condoms. Mainly perpetuated by chain drug stores, such as CVS, service stations, and assorted other 24-hr convenient stores.
Hey dude, I've got a tip for you. Never buy connies at CVS. I paid $13.49 for a box of 12, last week. Then tonight I went to grocery store, and the same prophylactics were $3.99. Dude, fuck CVS-- that's straight-up "dick-gouging!"
by midnightheorist February 15, 2010
The act of raising the prices due to increased demand and/or low inventory of a product, service, etc.
Price gouging-The stores in the CA gold rush would price gouge because they were the only in town and the miners needed the supplies.
by Happy facer boi March 5, 2022
Noun. An inaccurate statement of information usually obtained by a third party source. Spoken with extreme confidence to make it actually sound plausible.
Dude did you hear about the guy that 904ed a F/A-18 at Cherry Point? Nah...bro that's just bad Monch Gouge
by Blueblaster34 April 15, 2016
When your getting a girl from behind, and you roughly insert your thumbs into her corn hole, hence the eye gouge.
by chunger July 13, 2011
by Brizanne August 16, 2012