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View synonyms for price support
price support
noun
- the maintenance of the price of a commodity, product, etc., especially by means of a public subsidy or government purchase of surpluses.
price support
noun
- 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
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Word History and Origins
Origin of price support1
First recorded in 1945–50
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Example Sentences
It didn’t hurt that they often received the government price supports designed for smaller family farms.
From Freakonomics
[Sen. Mark] Kirk is one of three senators leading a push to reduce price-support levels for sugar.
From The Daily Beast
The present price support program must be reexamined and modernized.
From Project Gutenberg
Our price support legislation must be adapted to these objectives.
From Project Gutenberg
This price-support legislation will expire at the end of 1954.
From Project Gutenberg
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