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price control

noun
1.
government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.
Origin
1910-1915
1910-15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for price control
  • However one characterizes this approach, in economic terms this is a price control.
  • Prices are subject to a price control system based on wholesale prices and transport costs.
British Dictionary definitions for price control

price control

noun
1.
the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Difficulty index for price control

Few English speakers likely know this word

Word Value for price

9
11
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