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Effect Of A Price Ceiling On The Market For Apartments (beautiful Definition Of Price Ceiling In Economics #4)

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Effect Of A Price Ceiling On The Market For Apartments (beautiful Definition Of Price Ceiling In Economics #4)

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Effect

ef•fect (i fekt),USA pronunciation n. 
  1. something that is produced by an agency or cause;
    result;
    consequence: Exposure to the sun had the effect of toughening his skin.
  2. power to produce results;
    efficacy;
    force;
    validity;
    influence: His protest had no effect.
  3. the state of being effective or operative;
    operation or execution;
    accomplishment or fulfillment: to bring a plan into effect.
  4. a mental or emotional impression produced, as by a painting or a speech.
  5. meaning or sense;
    purpose or intention: She disapproved of the proposal and wrote to that effect.
  6. the making of a desired impression: We had the feeling that the big, expensive car was only for effect.
  7. an illusory phenomenon: a three-dimensional effect.
  8. a real phenomenon (usually named for its discoverer): the Doppler effect.
  9. See  special effects. 
  10. in effect: 
    • for practical purposes;
      virtually: His silence was in effect a confirmation of the rumor.
    • essentially;
      basically.
    • operating or functioning;
      in force: The plan is now in effect.
  11. take effect: 
    • to go into operation;
      begin to function.
    • to produce a result: The prescribed medicine failed to take effect.

v.t. 
  1. to produce as an effect;
    bring about;
    accomplish;
    make happen: The new machines finally effected the transition to computerized accounting last spring.
ef•fecti•ble, adj. 

Of

of1  (uv, ov; unstressed əv or, esp. before consonants, ə),USA pronunciation prep. 
  1. (used to indicate distance or direction from, separation, deprivation, etc.): within a mile of the church; south of Omaha; to be robbed of one's money.
  2. (used to indicate derivation, origin, or source): a man of good family; the plays of Shakespeare; a piece of cake.
  3. (used to indicate cause, motive, occasion, or reason): to die of hunger.
  4. (used to indicate material, component parts, substance, or contents): a dress of silk; a book of poems; a package of cheese.
  5. (used to indicate apposition or identity): Is that idiot of a salesman calling again?
  6. (used to indicate specific identity or a particular item within a category): the city of Chicago; thoughts of love.
  7. (used to indicate possession, connection, or association): the king of France; the property of the church.
  8. (used to indicate inclusion in a number, class, or whole): one of us.
  9. (used to indicate the objective relation, the object of the action noted by the preceding noun or the application of a verb or adjective): the ringing of bells; He writes her of home; I'm tired of working.
  10. (used to indicate reference or respect): There is talk of peace.
  11. (used to indicate qualities or attributes): an ambassador of remarkable tact.
  12. (used to indicate a specified time): They arrived of an evening.
  13. [Chiefly Northern U.S.]before the hour of;
    until: twenty minutes of five.
  14. on the part of: It was very mean of you to laugh at me.
  15. in respect to: fleet of foot.
  16. set aside for or devoted to: a minute of prayer.
  17. [Archaic.]by: consumed of worms.

Price

price (prīs),USA pronunciation n., v.,  priced, pric•ing. 
n. 
  1. the sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale.
  2. a sum offered for the capture of a person alive or dead: The authorities put a price on his head.
  3. 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.
  4. that which must be given, done, or undergone in order to obtain a thing: He gained the victory, but at a heavy price.
  5. odds (def. 2).
  6. [Archaic.]value or worth.
  7. [Archaic.]great value or worth (usually prec. by of ).
  8. at any price, at any cost, no matter how great: Their orders were to capture the town at any price.
  9. beyond or  without price, of incalculable value;
    priceless: The crown jewels are beyond price.

v.t. 
  1. to fix the price of.
  2. to ask or determine the price of: We spent the day pricing furniture at various stores.
pricea•ble, adj. 

Ceiling

ceil•ing (sēling),USA pronunciation n. 
  1. the overhead interior surface of a room.
  2. 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.
  3. the height above ground level of the lowest layer of clouds that cover more than half of the sky.
  4. a lining applied for structural reasons to a framework, esp. in the interior surfaces of a ship or boat.
  5. Also called  ceiling piece′. [Theat.]the ceiling or top of an interior set, made of cloth, a flat, or two or more flats hinged together.
  6. the act or work of a person who makes or finishes a ceiling.
  7. vaulting, as in a medieval church.
  8. hit the ceiling, [Informal.]to become enraged: When he saw the amount of the bill, he hit the ceiling.
ceilinged, adj. 

On

on (on, ôn),USA pronunciation prep. 
  1. so as to be or remain supported by or suspended from: Put your package down on the table; Hang your coat on the hook.
  2. so as to be attached to or unified with: Hang the picture on the wall. Paste the label on the package.
  3. so as to be a covering or wrapping for: Put the blanket on the baby. Put aluminum foil on the lamb chops before freezing them.
  4. in connection, association, or cooperation with;
    as a part or element of: to serve on a jury.
  5. so as to be a supporting part, base, backing, etc., of: a painting on canvas; mounted on cardboard; legs on a chair.
  6. (used to indicate place, location, situation, etc.): a scar on the face; the book on the table; a house on 19th Street.
  7. (used to indicate immediate proximity): a house on the lake; to border on absurdity.
  8. in the direction of: on the left; to sail on a southerly course.
  9. (used to indicate a means of conveyance or a means of supporting or supplying movement): on the wing; This car runs on electricity. Can you walk on your hands? I'll be there on the noon plane.
  10. by the agency or means of: drunk on wine; talking on the phone; I saw it on television.
  11. in addition to: millions on millions of stars.
  12. with respect or regard to (used to indicate the object of an action directed against or toward): Let's play a joke on him. Write a critical essay on Shakespeare.
  13. in a state or condition of;
    in the process of: on strike; The house is on fire!
  14. subject to: a doctor on call.
  15. engaged in or involved with: He's on the second chapter now.
  16. (used to indicate a source or a person or thing that serves as a source or agent): a duty on imported goods; She depends on her friends for encouragement.
  17. (used to indicate a basis or ground): on my word of honor; The movie is based on the book.
  18. (used to indicate risk or liability): on pain of death.
  19. (used to indicate progress toward or completion of an objective): We completed the project on budget.
  20. assigned to or occupied with;
    operating: Who's on the switchboard this afternoon?
  21. [Informal.]so as to disturb or affect adversely: My hair dryer broke on me.
  22. paid for by, esp. as a treat or gift: Dinner is on me.
  23. taking or using as a prescribed measure, cure, or the like: The doctor had her on a low-salt diet.
  24. regularly taking or addicted to: He was on drugs for two years.
  25. with;
    carried by: I have no money on me.
  26. (used to indicate time or occasion): on Sunday; We demand cash on delivery.
  27. (used to indicate the object or end of motion): to march on the capital.
  28. (used to indicate the object or end of action, thought, desire, etc.): to gaze on a scene.
  29. (used to indicate subject, reference, or respect): views on public matters.
  30. (used to indicate an encounter): The pickpocket crept up on a victim.
  31. on the bow, [Naut.]bow3 (def. 7).

adv. 
  1. in, into, or onto a position of being supported or attached: Sew the buttons on.
  2. in, into, or onto a position of covering or wrapping: Put your raincoat on.
  3. fast to a thing, as for support: Hold on!
  4. toward a place, point, activity, or object: to look on while others work.
  5. forward, onward, or along, as in any course or process: further on.
  6. with continuous activity: to work on.
  7. into or in active operation or performance: Turn the gas on.
  8. on and off, off (def. 22a).
  9. on and on, at great length, so as to become tiresome: They rambled on and on about their grandchildren.

adj. 
  1. operating or in use: The television set was on. Is your brake on?
  2. taking place;
    occurring: Don't you know there's a war on?
  3. performing or broadcasting: The radio announcer told us we were on.
    • behaving in a theatrical, lively, or ingratiating way: Around close friends, one doesn't have to be on every minute.
    • functioning or performing at one's best: When she's on, no other tennis player is half as good.
  4. scheduled or planned: Anything on after supper?
  5. [Baseball.]positioned on a base or bases: They had two men on when he hit the home run.
  6. [Cricket.]noting that side of the wicket, or of the field, on which the batsman stands.
  7. on to,  aware of the true nature, motive, or meaning of: I'm on to your little game.

n. 
  1. [Cricket.]the on side.

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

For

for (fôr; unstressed fər),USA pronunciation prep. 
  1. with the object or purpose of: to run for exercise.
  2. intended to belong to, or be used in connection with: equipment for the army; a closet for dishes.
  3. suiting the purposes or needs of: medicine for the aged.
  4. in order to obtain, gain, or acquire: a suit for alimony; to work for wages.
  5. (used to express a wish, as of something to be experienced or obtained): O, for a cold drink!
  6. sensitive or responsive to: an eye for beauty.
  7. desirous of: a longing for something; a taste for fancy clothes.
  8. in consideration or payment of;
    in return for: three for a dollar; to be thanked for one's efforts.
  9. appropriate or adapted to: a subject for speculation; clothes for winter.
  10. with regard or respect to: pressed for time; too warm for April.
  11. during the continuance of: for a long time.
  12. in favor of;
    on the side of: to be for honest government.
  13. in place of;
    instead of: a substitute for butter.
  14. in the interest of;
    on behalf of: to act for a client.
  15. in exchange for;
    as an offset to: blow for blow; money for goods.
  16. in punishment of: payment for the crime.
  17. in honor of: to give a dinner for a person.
  18. with the purpose of reaching: to start for London.
  19. contributive to: for the advantage of everybody.
  20. in order to save: to flee for one's life.
  21. in order to become: to train recruits for soldiers.
  22. in assignment or attribution to: an appointment for the afternoon; That's for you to decide.
  23. such as to allow of or to require: too many for separate mention.
  24. such as results in: his reason for going.
  25. as affecting the interests or circumstances of: bad for one's health.
  26. in proportion or with reference to: He is tall for his age.
  27. in the character of;
    as being: to know a thing for a fact.
  28. by reason of;
    because of: to shout for joy; a city famed for its beauty.
  29. in spite of: He's a decent guy for all that.
  30. to the extent or amount of: to walk for a mile.
  31. (used to introduce a subject in an infinitive phrase): It's time for me to go.
  32. (used to indicate the number of successes out of a specified number of attempts): The batter was 2 for 4 in the game.
  33. for it, See  in (def. 21).

conj. 
  1. seeing that;
    since.
  2. because.

Apartments

a•part•ment (ə pärtmənt),USA pronunciation n. 
  1. a room or a group of related rooms, among similar sets in one building, designed for use as a dwelling.
  2. a building containing or made up of such rooms.
  3. any separated room or group of rooms in a house or other dwelling: We heard cries from an apartment at the back of the house.
  4. apartments, a set of rooms used as a dwelling by one person or one family.

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