ECONOMICS,GOVERNMENTanupperlimitset by agovernmenton thepricethat can bechargedfor aproductorservice:Recentincreasesin thepriceofgashaveleftmanyindividualsaskingfor apriceceilingon it.Compareprice floor(Definition ofprice ceilingfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofprice ceiling
price ceilingIf anypriceceilingwas imposed, the government was required to issue regulations and orders stabilizing wages in the affected industry.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Priceceilinghas been found to be of great importance in the house rent market.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.A central bank might, for instance, allow a currency price to float freely between an upper and lower bound, apriceceilingand floor.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.However, apriceceilingcan cause problems if imposed for a long period without controlled rationing.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Now, the government determines apriceceilingof $6000.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.It provides apriceceilingfor such services.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thispriceceilingaffects supply and demand, creating a shortage of organs in the face of a growing demand.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.However, prolonged application of apriceceilingcan lead to black marketing and unrest in the supply side.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This illegal status of organ trade creates apriceceilingfor organs at zero dollars.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.There are two primary forms of price control, apriceceiling, the maximum price that can be charged, and a price floor, the minimum price that can be charged.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/price-ceiling##
