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 After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak. David Keller, CNBC, 1 Aug. 2024 Washington still has a chance to live up to its concrete commitments on climate finance, sustainable development, food price support, and global governance reform. Bruce Jones, Foreign Affairs, 15 June 2022 To critics of large-scale commercial farming, the payments highlight a deeply flawed system of corporate subsidies, which last year included more than $30 billion in taxpayer money directed to the agriculture sector, much of it for crop insurance, commodity price support and disaster aid. Andrew Jacobs, New York Times, 2 Apr. 2024 This will only happen when regulatory certainty and price support mechanisms, backed by government, are in place. Jennifer Leigh Parker, Forbes, 29 Nov. 2023 See all Example Sentences for price support 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'price support.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 28 Sep. 2024.

More from Merriam-Webster on price support

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