Price Control

Commodity Cartel
An organization, usually comprising producing countries, that attempts to control the price and quantity supplied of a particular commodity, typically a raw material.
Cornering the Market
An illegal practice of purchasing a security or commodity in such volume that control over its price is achieved.
Incomes Policy
Government effort to control wages, prices, and costs by imposing wage and price controls, typically in response to unacceptable levels of inflation.
Squeeze
A financial term referring to tight monetary conditions when loan money is scarce, interest rates are high, and borrowing becomes challenging and expensive; it may also pertain to situations where increased costs cannot be passed to customers.

Accounting Terms Lexicon

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