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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:

“While the rebound in oil prices over the past two months continued to support price gains in the petroleum sector, price trends across most other industries were largely flat,” the bank says.

From The Wall Street Journal Sep. 7, 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

But their most important demand is a law guaranteeing a support price for crops.

From BBC Feb. 20, 2024

This time, the farmers’ central demand concerns something called the minimum support price, or M.S.P.

From New York Times Feb. 14, 2024

Farmers, who began their march from northern Haryana and Punjab states, are asking for a guaranteed minimum support price for all farm produce.

From Seattle Times Feb. 12, 2024

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