price cap
Maximum allowed cost
A price cap is a maximum price set by government or regulatory authority, preventing sellers from charging more than a specified amount.
Price caps typically target essential goods or services—utilities, rent, pharmaceuticals—to protect consumers from exploitation or inflation: The city imposed a price cap on rent increases.
Critics argue price caps can create shortages by discouraging supply.
- ceilingRoom's upper surface
- limitMaximum allowed extent
- maximumGreatest permitted quantity
- freezeBecome solid from cold
- controlAuthority to direct
regulation · tariff · utility · utility company · rent · energy · energy bills · inflation · cost of living · affordable · threshold · restriction · gouging · mandate · rationing · profit margin · bill · consumer
- economic controlstariff, quota, sanction, embargo, trade restriction
- price controlsrent control, usury laws, minimum wage, wage controls, wage freeze
- UK utilitiesBritish Gas, electricity, gas, utility bills, energy suppliers
- capsceiling, rent ceiling, debt ceiling, debt limit, credit limit
- Cut-offdeadline, limit, threshold, ceiling, cutoff date
- Energy Marketsspot market, wholesale market, power exchange, bid, ask
price capderegulation
Removing governmental business restrictions
price capsubsidy
Financial assistance from government
price guarantee · voucher · rebate · tax credit · direct payment
price, cap, prices, priced, pricing, pricey, priceless, caps, capped