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December 27, 2008

Word of the Day: Buy Nothing Day

Buy Nothing Day is an international day of protest against consumerism observed by social activists. Typically celebrated the Friday after American Thanksgiving in North America and the following day internationally, in 2008 the dates were November 28 and 29 respectively. It was founded by Vancouver artist Ted Dave and subsequently promoted by Adbusters magazine, based in Canada.

The first Buy Nothing Day was organized in Vancouver in September 1992 "as a day for society to examine the issue of over-consumption." In 1997, it was moved to the Friday after American Thanksgiving, also called "Black Friday", which is one of the 10 busiest shopping days in the United States.
Wikipedia)
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December 25, 2008

Word of the Day: caveat emptor

Latin for "Let the buyer beware." It means that a customer should be cautious and alert to the possibility of being cheated: "Caveat emptor is the first rule of buying a used car."
Houghton Mifflin Company)
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December 24, 2008

Word of the Day: vertical market

Circumstance where the market for a particular product is limited (narrow), but the majority of consumers within the limited market need the product. For example, in the computer industry there exist certain pieces of technological equipment that all manufacturers of computers must purchase in order to build computers.
Barron's Educational Series, Inc.)
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December 23, 2008

Word of the Day: agora

The market-place or centre of a Greek town with shopping and commercial facilities, the main public buildings, and open space where the citizens would gather for markets and sporting events. Many agoras were delimited by boundary stones.
Oxford University Press)
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December 21, 2008

Word of the Day: taberna

A taberna (the plural form is tabernae) is a single room shop covered by a barrel vault within great indoor markets of ancient Rome. Each taberna had a window above it to let light into a wooden attic for storage and has a wide doorway. A famous example is the Markets of Trajan in Rome, Italy built in the early 1st century by Apollodorus of Damascus.
According to the Cambridge Ancient History, a taberna is a "retail unit" within the Roman empire and furthermore was where many economic activities and many service industries were provided, like the sale of cooked food, wine and bread.... (© Wikipedia)
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December 19, 2008

Word of the Day: thundersnow

Thundersnow, also known as a winter thunderstorm or a thunder snowstorm, is a rare thunderstorm with snow falling as the primary precipitation instead of rain. It commonly falls in regions of strong upward motion within the cold sector of extratropical cyclones between autumn and spring when surface temperatures are most likely to be near or below freezing. Variations exist, such as thundersleet, where the precipitation consists of sleet rather than snow....
Wikipedia)
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