Price Support

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Definition: Price Support

Price Support
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Full Definition of Price Support

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.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/price-support/
Modern Language Association (MLA):
Price Support. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 31, 2025 https://payrollheaven.com/define/price-support/.
Chicago Manual of Style (CMS):
Price Support. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/price-support/ (accessed: March 31, 2025).
American Psychological Association (APA):
Price Support. PayrollHeaven.com. Retrieved March 31, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/price-support/

Definition Sources

Definitions for Price Support are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.