price support

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

Origin of price support

First recorded in 1945–50

Words Nearby price support Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use price support in a sentence

British Dictionary definitions for price support

price support

  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

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