price support

noun

: artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action

Examples of price support in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Redbord pointed to how this token was concentrated in a small number of hands and price support eroded gradually, instead of all at once. Matt Egan, CNN Money, 4 Aug. 2026 For about sixty-four years, by a combination of price supports and production controls, that association preserved the lives and livelihoods of small farmers. Cynthia Zarin, Harpers Magazine, 4 Aug. 2026 That bill can impact programs crucial to the agricultural sector, such as subsidized crop insurance, commodity price support and rural nutrition programs. Justin Papp, CNBC, 30 July 2026 Fossil-fuel subsidies mostly appear as direct government support, including consumer price support and producer incentives such as tax breaks and other measures that help lower costs or encourage production. Ingmar Rentzhog, Forbes.com, 7 June 2026 See All Example Sentences for price support

Word History

First Known Use

1927, in the meaning defined above

Time Traveler
The first known use of price support was in 1927

Cite this Entry

“Price support.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20support. Accessed 5 Aug. 2026.

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