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单词 price control
释义

price control


price control

n (Commerce) the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation
Thesaurus
Noun1.price control - restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)control - the economic policy of controlling or limiting or curbing prices or wages etc.; "they wanted to repeal all the legislation that imposed economic controls"
Translations

Price Control


Price Control

A government regulation limiting the percentage (or, rarely, dollar amount) by which a price for a good or service can change over a given period of time. Price controls have been used to combat inflation, though they are rarely successful. Price controls may also be utilized to protect a favored industry, and are used most commonly to provide a minimum price for agricultural products. See also: Wage control, Price ceiling, Price floor.

price control


Related to price control: price support, Price ceiling
  • noun

Words related to price control

noun restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)

Related Words

  • control
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更新时间:2024/12/24 2:09:44