Excuseflation
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Excuseflation is a noun meaning (business, finance, economics, neologism) The raising of the price of a good or service in the wake of an economic, political, or other social change that serves as a justification for the rise.
Meaning
(business, finance, economics, neologism) The raising of the price of a good or service in the wake of an economic, political, or other social change that serves as a justification for the rise.
Example Sentences
It's called, ‘Excuse-flation’, because most of the big brands are using inflation as an excuse, to keep their prices high.
These may be entirely legitimate reasons to raise prices but the companies engaging in excuseflation are seen as exploiting the situation.
The power of excuseflation is that it allows apologists to, well, make excuses. When egg prices shot up in January, Big Egg was able to blame it all on bird-flu.
Excuseflation The pandemic and Russia’s invasion of Ukraine both had material impacts on the availability of goods and services. […] Executives say they needed to pass along their own increased costs to protect their margins. Skeptics see excuses at play.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.