1. the act of preventing something from happening by taking action in advance; prevention or hindrance
Usage: formal; archaic
2. the act of buying up goods before they reach the market in order to resell them at a higher price
Usage: historical; commerce

Examples

• The forestallment of the disease required early intervention and preventive measures.
• Medieval laws prohibited the forestallment of grain supplies by merchants.
• Through careful planning, the company achieved the forestallment of potential market disruptions.
• The forestallment of conflict depends on open communication between parties.
• Traders engaged in forestallment were often fined by local authorities.