- 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.
Financial and business terms. 2012.
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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