price-support

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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Based on the Random House Dictionary, © Random House, Inc. 2014.
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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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