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intervention price

British  

noun

  1. 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 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.