Meaning of the word gouging in English

What does gouging mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

gouging

US /ˈɡaʊ.dʒɪŋ/
UK /ˈɡaʊ.dʒɪŋ/

Noun

the act of overcharging or exploiting someone, especially by charging excessively high prices for goods or services

Example:
The company was accused of price gouging during the emergency.
Many consumers reported instances of ticket gouging for the popular concert.

Adjective

charging excessively high prices; exploiting

Example:
The store was criticized for its gouging prices on essential goods after the storm.
They were accused of gouging customers with hidden fees.
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