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To purchase or acquire something quickly before anyone else has the chance. A noun or pronoun can be used between "snap" and "up." During the Black Friday sales, customers rush through stores snapping merchandise up at incredibly low prices. The corporation has been snapping up smaller startup companies to broaden its range of products and services.
1. mod. alcohol intoxicated. Pete was snapped up by eight-thirty.
2. mod. arrested. The bacon busted the joint and snapped everybody in sight.