Meaning Of The Word Price support

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What's the definition of Price support? Find Price support meanings, definitions and more at the Real Dictionary online.

Price support Meaning

Price support Definition
Price support Definition

What's The Definition Of Price support?

price support in American English
support of certain price levels at or above market values, as by government purchase of surpluses
noun: the maintenance of the price of a commodity, product, etc., esp. by means of a public subsidy or government purchase of surpluses

price support in British English
noun: government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the guaranteed levels

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