Definitions

1. noun

A person who jowts, especially a merchant who buys goods at a low price in order to resell them at a higher price.

“The merchant was a notorious jowter, known for exploiting the market to make a quick profit.”

2. verb

To buy goods at a low price with the intention of reselling them at a higher price, especially to take advantage of price differences.

“The company jowted the goods from the bankrupt store, selling them at a higher price to make a handsome profit.”