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support price

American

noun

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.

The trauma the country had collectively experienced cleared the way for us to support choices and offenses that I suspect we would have never otherwise endured.

From Slate • Oct. 13, 2023

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023