Ceiling price

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Updated: Aug 20, 2021

The highest legally permitted price of a good or service, typically intended to make basic commodities affordable for low-income consumers. An alternative price control policy is market intervention using a buffer stock.

Reference: Oxford Press Dictonary of Economics, 5th edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.