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price control

government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.
Origin of price control
First recorded in 1910-15 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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British Dictionary definitions for price controls

price control

the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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price controls in Culture

price controls definition

Measures, usually temporary, taken by governments to limit price rises in times of rapid inflation.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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