bachaquear

A Venezuelan term describing bachaqueo: buying scarce, price-controlled goods (often by waiting in long lines) in order to resell them at inflated black-market prices. Rooted in the country's economic crisis and shortages; bachaquero is the person who does this.

• Mucha gente se dedica a bachaquear gasolina en la frontera. — Many people make a living reselling smuggled gasoline at the border.
• Bachaquearon toda la harina del supermercado en una hora. — They bought up and resold all the flour in the supermarket within an hour.
• El gobierno intenta frenar a quienes bachaquean productos básicos. — The government is trying to crack down on people who hoard and resell basic goods.

Specific to Venezuela's shortage economy — revender (to resell at a markup) is the general Spanish verb for reselling goods at inflated prices outside that specific context.

Often confused with revender.