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price support

   Also found in: Financial, Wikipedia 0.01 sec.
price support
n.
Maintenance of prices, as of a raw material or commodity, at a certain level usually through public subsidy or government intervention.
price support
n
(Government, Politics & Diplomacy) government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the guaranteed levels
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.price support - a government subsidy used to maintain prices at a certain level
subsidy - a grant paid by a government to an enterprise that benefits the public; "a subsidy for research in artificial intelligence"
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Department of Agriculture in July announced a temporary increase in the amount paid for dairy products through the Dairy Product Price Support Program, left Holmes and more than 100 New Hampshire dairy farmers breathed a sigh of economic relief.
Dairy farmer Jeff Holmes by McCord, Michael / New Hampshire Business Review
Department of Agriculture's Dairy Price Support Program is designed to moderate price swings.
Dairy farmers need help by The Register-Guard (Eugene, OR)
USDA has published a regulation setting out requirements for the milk income loss contract (MILC) program and the dairy price support program until 2012.
USDA proposes operational rules for MILC by The Food & Fiber Letter
 
 
 
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