- support price
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the price at which the government will purchase commodities, esp. farm produce, in order to maintain a certain price level.[1940-45]
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Universalium. 2010.
support price
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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
