price control

American  

noun

1. government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.

---

price control British  

noun

1. the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation

---

Etymology

Origin of price control

First recorded in 1910–15

Example Sentences

She helped rein in public spending, stopped enforcing price controls and partially dollarized the economy.

From The Wall Street Journal

What is understood by most economists, however, is that a federal rate cap would function as a price control for the consumer credit markets.

From Barron's

They are franchise companies, with a degree of monopoly power and price control.

From Barron's

The damage has been greater for development on small-molecule pills, which are subject to the price controls four years earlier than biologics.

From The Wall Street Journal

In return for no U.S. pharma tariffs, the U.K. will ease price controls.

From The Wall Street Journal

Related Words

• restraint