New Word At Dictionary.com: 'Greedflation'

Several of the 1,700 new or updated definitions Dictionary.com added to its online catalogue of terms on Thursday were inspired by recent news events.

"Climate breakdown" was identified by the website as "the collective effects of harmful and potentially irreversible trends in climate, specifically those resulting from unchecked global warming," while "energy poverty" is "a lack of adequate access to safe, affordable sources of electricity or fuel for warmth, light, cooking, etc."

Another, "greedflation," was informed by growing evidence that has shown in recent years how rising prices are not always the result of supply chain woes or other market pressures, but can be "caused by corporate executives or boards of directors, property owners, etc., solely to increase profits that are already healthy or excessive."

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