Angebotsknappheit

German

Etymology

Angebot (supply) +‎ -s- +‎ Knappheit (scarcity/shortage)

Pronunciation

  • IPA(key): [ˈaŋɡəboːtsˌknaphait]
  • Hyphenation: An‧ge‧bots‧knapp‧heit

Noun

Angebotsknappheit f (genitive Angebotsknappheit, plural Angebotsknappheiten)

  1. (economics) supply shortage, scarcity of supply (a situation where the quantity of a good or service supplied is less than the quantity demanded at the current price)
    Die Angebotsknappheit bei Halbleitern führte weltweit zu Verzögerungen in der Automobilproduktion.
    The supply shortage of semiconductors led to worldwide delays in automotive production.
    Eine künstliche Angebotsknappheit kann genutzt werden, um exklusive Preise am Markt durchzusetzen.
    Artificial supply scarcity can be used to enforce exclusive prices in the market.

Declension

Synonyms

Antonyms

Coordinate terms

  • Nachfrageüberhang (excess demand; the logical counterpart)
  • Inflation (inflation; often a result of supply shortages)
  • Preistreiber (price driver)
  • Rationierung (rationing; a measure to manage scarcity)
  • verknappen (to shorten/tighten supply)
  • Knappheitsfaktor (scarcity factor)

References