price support

American  

noun

1. the maintenance of the price of a commodity, product, etc., especially by means of a public subsidy or government purchase of surpluses.

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price support British  

noun

1. government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the guaranteed levels

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Etymology

Origin of price support

First recorded in 1945–50

Example Sentences

See Examples For:

price support

But “a further increase in export activity that offered some price support earlier this week is still expected,” the firm adds.

From The Wall Street Journal ● Jun. 12, 2026

Developers stayed away because the minimum price support being offered was not high enough.

From New York Times ● Sep. 8, 2023

Trading volume in Alibaba, for example, is in decline and what little price support has been seen across the sector seems to have come mainly from short covering.

From Reuters ● Sep. 29, 2022

The analysis showed a pattern of bitcoin price support, Griffin said.

From Los Angeles Times ● Jun. 13, 2018

The present price support program must be reexamined and modernized.

From State of the Union Address by Harry S. Truman

Related Words

• subsidy
• tax benefit