price support

noun
the maintenance of the price of a commodity, product, etc., especially by means of a public subsidy or government purchase of surpluses.

Origin:
1945–50

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World English Dictionary
price support
 
n
government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the guaranteed levels

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
All aspects of the federal tobacco marketing quota and price support loan programs have ended.
The tobacco industry faces unprecedented change as the quota and price support program is replaced by free-market policies.
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