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Definition of “price freeze” - English Dictionary

"price freeze" in Business English

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price freezenoun [C]

uk   us  
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)
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