TOP

Definition of price cap noun from the Oxford Advanced Learner's Dictionary

price cap

noun
 
/ˈpraɪs kæp/
 
/ˈpraɪs kæp/
jump to other results
  1. an upper limit set by a government on the price of something
    • The price cap on bus fares will come into effect in April.
    Word Origin1970s; earliest use found in The Sheboygan Press
influence
verb
 
 
From the Word list
OPAL spoken words
Oxford Learner's Dictionaries Word of the Day