- 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.
price support
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 — noun a government subsidy used to maintain prices at a certain level • Hypernyms: ↑subsidy … Useful english dictionary
