price freeze - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “price freeze”

price freeze

noun [C]
 
 
ECONOMICS, COMMERCE the situation in which prices, or the price of a particular product, are fixed at a particular level and no increases are allowed: A five-year price freeze is due to end next month for customers of the gas company.
(Definition of price freeze from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of price freeze?
Add Cambridge dictionaries to your browser to your website

Word of the Day

cup tie

a game between two teams trying to win a cup (= prize), especially in football

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More