Price ring
noun
1.
a group of traders formed to maintain the prices of their goods
Read Also:
- Prices and incomes policy
noun 1. voluntary or statutory regulation of the level of increases in prices and incomes
- Price-sensitive
adjective 1. likely to affect the price of property, esp shares and securities: price-sensitive information adjective pertaining to a product whose sales are greatly influenced by its price
- Price-support
noun 1. the maintenance of the price of a commodity, product, etc., especially by means of a public subsidy or government purchase of surpluses. price support noun 1. government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the guaranteed levels
- Price-tag
noun 1. a label or tag that shows the price of the item to which it is attached. noun 1. a ticket or label on an article for sale showing its price 2. the cost, esp of something not usually priced: the price tag on a top footballer
- Price-war
noun 1. intensive competition, especially among retailers, in which prices are repeatedly cut in order to undersell competitors or sometimes to force smaller competitors out of business. noun 1. a period of intense competition among enterprises, esp retail enterprises, in the same market, characterized by repeated price reductions rather than advertising, brand promotion, etc