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
But if Congress doesn't renew the bill by the start of the year or pass a new one, price supports would return to 1940 levels and lead to higher government spending.
—
Clara Migoya, The Arizona Republic, 9 Oct. 2024
Further price support could emerge at the 61.8% retracement level using the March to September rally as a framework for the analysis.
—David Keller, CNBC, 10 Oct. 2024
This legislative effort mirrors the initiatives that Cronin has championed, such as the Resilient Resource Reserve, designed to provide price support and de-risk U.S. mineral projects.
—Michael Molitch-Hou, Forbes, 1 Oct. 2024
After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak.
—David Keller, CNBC, 1 Aug. 2024
See all Example Sentences for price support 
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.
Clara Migoya, The Arizona Republic, 9 Oct. 2024
Further price support could emerge at the 61.8% retracement level using the March to September rally as a framework for the analysis.
—David Keller, CNBC, 10 Oct. 2024
This legislative effort mirrors the initiatives that Cronin has championed, such as the Resilient Resource Reserve, designed to provide price support and de-risk U.S. mineral projects.
—Michael Molitch-Hou, Forbes, 1 Oct. 2024
After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak.
—David Keller, CNBC, 1 Aug. 2024
See all Example Sentences for price support
Dictionary Entries Near price support
Cite this Entry
“Price support.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20support. Accessed 22 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share