price support

noun

: artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action

Examples of price support in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The first was the launch of the World Trade Organization (WTO) in 1995, which helped remove trade barriers such as price supports and tariffs, leading governments to steadily reduce their national food reserves. science.org, 26 Nov. 2024 The only price support has been the Trump brand, and now that shows some weakness. John S. Tobey, Forbes, 21 Dec. 2024 But if Congress doesn't renew the bill by the start of the year or pass a new one, price supports would return to 1940 levels and lead to higher government spending. Clara Migoya, The Arizona Republic, 9 Oct. 2024 Further price support could emerge at the 61.8% retracement level using the March to September rally as a framework for the analysis. David Keller, CNBC, 10 Oct. 2024 See all Example Sentences for price support 

Word History

First Known Use

1927, in the meaning defined above

Time Traveler
The first known use of price support was in 1927

Dictionary Entries Near price support

Cite this Entry

“Price support.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20support. Accessed 15 Jan. 2025.

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