11. Price Ceiling . (lovely Definition Of Price Ceiling In Economics #5)
Priceprice (prīs),USA pronunciation n., v., priced, pric•ing.
- the sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale.
- a sum offered for the capture of a person alive or dead: The authorities put a price on his head.
- the sum of money, or other consideration, for which a person's support, consent, etc., may be obtained, esp. in cases involving sacrifice of integrity: They claimed that every politician has a price.
- that which must be given, done, or undergone in order to obtain a thing: He gained the victory, but at a heavy price.
- odds (def. 2).
- [Archaic.]value or worth.
- [Archaic.]great value or worth (usually prec. by of ).
- at any price, at any cost, no matter how great: Their orders were to capture the town at any price.
- beyond or without price, of incalculable value;
priceless: The crown jewels are beyond price.
- to fix the price of.
- to ask or determine the price of: We spent the day pricing furniture at various stores.
Ceilingceil•ing (sē′ling),USA pronunciation n.
- the overhead interior surface of a room.
- the top limit imposed by law on the amount of money that can be charged or spent or the quantity of goods that can be produced or sold.
- the maximum altitude from which the earth can be seen on a particular day, usually equal to the distance between the earth and the base of the lowest cloud bank.
- Also called absolute ceiling. the maximum altitude at which a particular aircraft can operate under specified conditions.
- the height above ground level of the lowest layer of clouds that cover more than half of the sky.
- a lining applied for structural reasons to a framework, esp. in the interior surfaces of a ship or boat.
- Also called ceil′ing piece′. [Theat.]the ceiling or top of an interior set, made of cloth, a flat, or two or more flats hinged together.
- the act or work of a person who makes or finishes a ceiling.
- vaulting, as in a medieval church.
- hit the ceiling, [Informal.]to become enraged: When he saw the amount of the bill, he hit the ceiling.
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