support price


support price
the price at which the government will purchase commodities, esp. farm produce, in order to maintain a certain price level.
[1940-45]

* * *


Universalium. 2010.

Look at other dictionaries:

  • support price — ➔ price1 * * * support price UK US noun [C] ► ECONOMICS a price for something, for example for a food product, that is set by the government. If the real price falls below the support price, the government pays farmers, etc. the difference… …   Financial and business terms

  • support price — the price at which the government will purchase commodities, esp. farm produce, in order to maintain a certain price level. [1940 45] * * * support price, U.S. the price, set in relation to the parity ratio, at which the government is ready to… …   Useful english dictionary

  • support price — /sə pɔ:t praɪs/ noun a price (in the EU) at which a government will buy agricultural produce to stop the price falling …   Dictionary of banking and finance

  • support price — noun a minimum price guaranteed to a farmer for agricultural produce and maintained by subsidy or the buying in of surplus stock …   English new terms dictionary

  • price-sup|port|ed — «PRYS suh PR tihd, POHR », adjective. that is given price support: »price supported agricultural commodities …   Useful english dictionary

  • support — The place on a chart where the buying of futures contracts is sufficient to halt a price decline. Chicago Board of Trade glossary A horizontal price range where price hovers due to buying pressure before attempting a downward move. The CENTER… …   Financial and business terms

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… …   Black's law dictionary

  • price support — Government intervention to set an artificially high price through the use of a price floor designed to aid producers. Bloomberg Financial Dictionary * * * price support price support ➔ support2 * * * price support UK US noun [U] ► ECONOMICS,… …   Financial and business terms

  • support — v. & n. v.tr. 1 carry all or part of the weight of. 2 keep from falling or sinking or failing. 3 provide with a home and the necessities of life (has a family to support). 4 enable to last out; give strength to; encourage. 5 bear out; tend to… …   Useful english dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.