intervention price
British
noun
-
commerce the price at which the EU intervenes to buy surplus produce
"Collins English Dictionary — Complete & Unabridged"
2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986
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Small-scale smuggling had occurred previously but volumes have jumped with the advent of the high intervention price.
From
Reuters
●
Jul. 14, 2013
The intervention price of $480 per tonne of unmilled rice translates to $750 a tonne for milled rice.
From
Reuters
●
Jul. 14, 2013
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