price control

noun
government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.

Origin:
1910–15

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To price control
Collins
World English Dictionary
price control
 
n
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 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
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.
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;