Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Forestaller
n. Hist. A person who forestalls; one guilty of the offense of forestalling.
forestall
ub. 1. To prevent (an event, result, etc.). 2. Hist. To intercept or obstruct (a person on a royal highway). 3. Hist. To prevent (a tenant) from coming on the premises. 4. Hist. To intercept (a deer reentering a forest). - Also spelled forstall.
forestalling the market
Hist. 1. The taking possession of commodities on their way to the market. 2. The purchase of goods on their way to the market, with the intention of reselling them at a higher price. 3. The dissuasion of sellers from taking their goods to the market, or the persuasion of sellers to increase the price of their goods at the market. ( At common law, forestalling the market was a criminal offense.