price support


price support
Government intervention to set an artificially high price through the use of a price floor designed to aid producers. Bloomberg Financial Dictionary

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price support price support support2

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price support UK US noun [U]
ECONOMICS, COMMERCE the situation in which a government protects companies, or producers such as farmers, by making sure that prices of particular products or services do not fall below a certain level: »

We have been active supporters of increasing dairy commodity prices under the Dairy Product Price Support Program.


Financial and business terms. 2012.

Look at other dictionaries:

  • price support — ☆ price support n. support of certain price levels at or above market values, as by government purchase of surpluses …   English World dictionary

  • price support — price′ support n. the maintenance of the price of a commodity, product, etc., esp. by means of public subsidy or government purchase of surpluses • Etymology: 1945–50 …   From formal English to slang

  • Price support — In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level.In the case of a price control, a price support is the… …   Wikipedia

  • price support — price sup.port n [U] a system in which the government keeps the price of a product at a particular level by giving the producer money or buying the product itself …   Dictionary of contemporary English

  • price support — A government policy of providing support for certain basic, usually agricultural, products to stop the price falling below an agreed level. Support prices can be administered in various ways: the government can purchase and stockpile surplus… …   Big dictionary of business and management

  • price support — Synonyms and related words: TLC, aid, alimony, allotment, allowance, annuity, assistance, autarky, bimetallism, bounty, bread, care, daily bread, depletion allowance, dole, economic self sufficiency, economic support, endowment, fair trade, fair… …   Moby Thesaurus

  • price support — the maintenance of the price of a commodity, product, etc., esp. by means of a public subsidy or government purchase of surpluses. [1945 50] * * * …   Universalium

  • price support — noun (U) a system in which the government keeps the price of a product at a fixed level by giving the producer money or buying the product itself …   Longman dictionary of contemporary English

  • price support — noun Date: 1945 artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action …   New Collegiate Dictionary

  • price support — noun a government subsidy used to maintain prices at a certain level • Hypernyms: ↑subsidy …   Useful english dictionary