price ceiling

price ceiling price ceiling ceiling

* * *

price ceiling UK US noun [C]
ECONOMICS, GOVERNMENT an upper limit set by a government on the price that can be charged for a product or service: »

Recent increases in the price of gas have left many individuals asking for a price ceiling on it.

Compare PRICE FLOOR(Cf. ↑price floor)

Financial and business terms. 2012.

Look at other dictionaries:

  • Price ceiling — A price ceiling is a government imposed limit on how high a price can be charged on a product. For a price ceiling to be effective, it must differ from the free market price. In the graph at right, the supply and demand curves intersect to… …   Wikipedia

  • Price Ceiling — The maximum price a seller is allowed to charge for a product or service. Price ceilings are usually set by law and limit the seller pricing system to ensure fair and reasonable business practices. Price ceilings are usually set for essential… …   Investment dictionary

  • price ceiling — maximum price at which a good can be sold legally (Economics) …   English contemporary dictionary

  • price ceiling — / praɪs ˌsi:lɪŋ/ noun the highest price which can be reached …   Marketing dictionary in english

  • price ceiling — / praɪs ˌsi:lɪŋ/ noun the highest price which can be reached …   Dictionary of banking and finance

  • price ceiling — Fin the highest price that a buyer is willing to pay …   The ultimate business dictionary

  • Ceiling (disambiguation) — Ceiling may refer to one of the following: *Ceiling, the upper surface of a room *Ceiling function in mathematics *Glass ceiling a bar to advancement of a qualified person *Ceiling (aeronautics) the maximum density altitude an aircraft can reach… …   Wikipedia

  • price floor — ➔ floor * * * price floor UK US noun [C] ► ECONOMICS, GOVERNMENT a lower limit set by a government on the price that can be charged for a product or service: » The price floor has a measurable impact on the market. → Compare PRICE CEILING(Cf. ↑ …   Financial and business terms

  • ceiling price — ➔ price1 …   Financial and business terms

  • Price gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.