price control
noun
government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.
Origin of price control
First recorded in 1910–15
Words nearby price control
priapus,
pribilof islands,
price,
price break,
price commission,
price control,
price controls,
price discrimination,
price fixing,
price gouging,
price index
British Dictionary definitions for price controls
price control
noun
the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation
Cultural definitions for price controls
price controls
Measures, usually temporary, taken by governments to limit price rises in times of rapid inflation.