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

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The maneuvering worked: Dole and Carter lent their influence to a 1977 price support bill for domestic sugar growers, giving the farmers more stability for their crop prices. —

Mark Dent, thehustle.co, 10 Jan. 2025 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 See all Example Sentences for price support