price support
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noun
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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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.
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Origin of price support
First recorded in 1945–50
Words nearby price support
pricer, price range, price ring, prices and incomes policy, price-sensitive, price support, price tag, price war, pricey, Prichard, prick
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for price support
British Dictionary definitions for price support
price support
noun
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
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