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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.
QUIZ
QUIZ YOURSELF ON "WAS" VS. "WERE"!
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Question 1 of 7
“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.
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. 2022
How to use price support in a sentence
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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