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Showing results for support price. Search instead for supply price.

support price

American  

noun

  1. the price at which the government will purchase commodities, especially farm produce, in order to maintain a certain price level.


Etymology

Origin of support price

First recorded in 1940–45

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

A sustained disruption to shipping through Hormuz would further tighten regional supply and support price premiums, particularly given relatively lean inventories, analysts at the firm said.

From The Wall Street Journal Apr. 13, 2026

The moves came after a Thursday report from Reuters suggesting that the federal government wouldn’t support price floors for critical minerals—a reversal from prior policy.

From Barron's Jan. 29, 2026

Farmers marched to India’s capital asking for a guaranteed minimum support price for all farm produce.

From Seattle Times Feb. 15, 2024

Farmers are asking for guaranteed floor prices - also known as minimum support price or MSP - which allows them to sell most of their produce at government-controlled wholesale markets, or mandis.

From BBC Feb. 14, 2024

It added that, as a result, it had “decided to implement a strong monetary tightening to support price stability.”

From New York Times Sep. 13, 2018

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