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https://www.merriam-webster.com/dictionary/price%20support
Price support definition is - artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action.
https://www.dictionary.com/browse/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.
http://www.businessdictionary.com/definition/price-support.html
Definition of price support: Artificial (non free-market) minimum-price supported by a government to protect vulnerable but crucial producers (such as farmers) from wild fluctuations in the commodity prices.
https://www.thefreedictionary.com/price+support
price support - a government subsidy used to maintain prices at a certain level. subsidy - a grant paid by a government to an enterprise that benefits the public; "a …
http://www.investorwords.com/3821/price_support.html
price support. Definition. Minimum price for a product, established by a government and supported by payments to producers in the event that the market price falls below the specified minimum. Use price support in a sentence. “ I did not like the price support because it was established by a government and I did not like the government at all.
https://www.definitions.net/definition/PRICE%20SUPPORT
Price support In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.
https://www.investopedia.com/terms/s/support.asp
Nov 25, 2019 · Support refers to a level that the price action of an asset has difficulty falling below over a specific period of time.
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