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Price support |
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Price supportGovernment action to increase the price of a product, usually by buying it. May be associated with a price floor.Price supportGovernment intervention to set an artificially high price through the use of a price floor designed to aid producers.Price support Similar MatchesConsumer support estimateConsumer support estimateIntroduced by the OECD to quantify agricultural policies, this measures transfers to or from consumers that are implicit in these policies. Since industrialized-country agricultural producers are routinely supported by raising prices, CSE estimates are usually negative. See also PSE. Producer support estimateProducer support estimateIntroduced by the OECD to quantify support in agriculture, it measures "transfers from consumers and taxpayers to agricultural producers as a result of measures [of] support," expressed as percentage of gross farm receipts. Also called producer subsidy equivalent. See also CSE. Lateral SupportLateral SupportThe right of a landowner to the natural support of his land by adjoining land. The adjoining owner has the duty not to change his land (such as lowering it) so as to cause this support to be weakened or removed. Self supporting debtSelf supporting debtBonds sold to finance a project that will produce enough revenue through tolls or other charges to retire the debt . See: revenue bond. Support levelSupport levelThe price level at which technical analysts note persistent buying of a share or commodity.If the share price of XYZ company is plotted on a chart, and the chart shows that over the period the price always seems to bounce back whenever it falls to, say, 320p, technical analysts would see that price as a 'support level'.The significance of the support level is that if the share price does break below it, that indicates a change of sentiment in the market towards the share, and may indicate the arrival of a new trading range. If the technical analyst is right in making this observation, he can buy or sell accordingly and make a profit. Further SuggestionsSupportAggregate measurement of support Support level Aggregate measure of support Domestic support |
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