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 ThesaurusNoun | 1. | 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 ControlA 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 ceilingWords related to price controlnoun restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)Related Words |