price support

noun Date: 1945 artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • price support — ☆ price support n. support of certain price levels at or above market values, as by government purchase of surpluses …   English World dictionary

  • price support — price′ support n. the maintenance of the price of a commodity, product, etc., esp. by means of public subsidy or government purchase of surpluses • Etymology: 1945–50 …   From formal English to slang

  • Price support — In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level.In the case of a price control, a price support is the… …   Wikipedia

  • price support — Government intervention to set an artificially high price through the use of a price floor designed to aid producers. Bloomberg Financial Dictionary * * * price support price support ➔ support2 * * * price support UK US noun [U] ► ECONOMICS,… …   Financial and business terms

  • price support — price sup.port n [U] a system in which the government keeps the price of a product at a particular level by giving the producer money or buying the product itself …   Dictionary of contemporary English

  • price support — A government policy of providing support for certain basic, usually agricultural, products to stop the price falling below an agreed level. Support prices can be administered in various ways: the government can purchase and stockpile surplus… …   Big dictionary of business and management

  • price support — Synonyms and related words: TLC, aid, alimony, allotment, allowance, annuity, assistance, autarky, bimetallism, bounty, bread, care, daily bread, depletion allowance, dole, economic self sufficiency, economic support, endowment, fair trade, fair… …   Moby Thesaurus

  • price support — the maintenance of the price of a commodity, product, etc., esp. by means of a public subsidy or government purchase of surpluses. [1945 50] * * * …   Universalium

  • price support — noun (U) a system in which the government keeps the price of a product at a fixed level by giving the producer money or buying the product itself …   Longman dictionary of contemporary English

  • price support — Econ the use of government regulations to keep market prices from falling below a minimum level …   The ultimate business dictionary

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