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wage-price control

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  • wage-price control — Setting of government guidelines to limit increases in wages and prices. It is one of the most extreme approaches to incomes policy. By controlling wages and prices, governments hope to control inflation and prevent extremes in the business cycle …   Universalium

  • control — controllable, adj., n. controllability, controllableness, n. controllably, adv. controlless, adj. controllingly, adv. /keuhn trohl /, v., controlled, controlling, n. v.t. 1. to exercise restraint or direction over; dominate; command …   Universalium

  • price — priceable, adj. /pruys/, n., v., priced, pricing. 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… …   Universalium

  • Price — /pruys/, n. 1. Bruce, 1845 1903, U.S. architect. 2. (Edward) Reynolds, born 1933, U.S. novelist. 3. (Mary) Leontyne /lee euhn teen /, born 1927, U.S. soprano. 4. a male given name. * * * I Amount of money that has to be paid to acquire a given… …   Universalium

  • price system — ▪ economics Introduction       a means of organizing economic activity. It does this primarily by coordinating the decisions of consumers, producers, and owners of productive resources. Millions of economic agents who have no direct communication …   Universalium

  • Wage slavery — is a term first coined by the Lowell Mill Girls in 1836, [ [http://books.google.com/books?id=YXT kSv1btIC pg=PA87 lpg=PA87 dq=lowell+%22wage+slavery%22 source=web ots=WsT3bkI 0G sig=w7N0JGBskFiUHReS 00amVMNaPY hl=en Artisans Into Workers: Labor… …   Wikipedia

  • control — [kən trōl′] vt. controlled, controlling [ME countrollen < Anglo Fr contreroller < Fr contrerole < ML contrarotulus, a counter, register < L contra, against + rotulus: see ROLL] 1. Obs. to check or verify (payments, accounts, etc.) by… …   English World dictionary

  • wage and salary — ▪ economics Introduction       income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… …   Universalium

  • control — n. 1) to establish; exercise, exert control over 2) to assume, take control of 3) to bring smt. under control (the fire was finally brought under control) 4) to wrest control from 5) to lose control of (she lost control of the car) 6) absolute;… …   Combinatory dictionary

  • Control — 50% of the outstanding votes plus one vote. The New York Times Financial Glossary * * * ▪ I. control con‧trol 1 [kənˈtrəʊl ǁ ˈtroʊl] noun 1. [countable] an action taken to make sure that something does not increase too much: • Devaluations were… …   Financial and business terms

  • control — 50% of the outstanding votes plus one vote. Bloomberg Financial Dictionary 1. For legal purposes, usually owning in excess of 50% of the voting rights of a company or having the right to appoint directors on the company s board with a majority of …   Financial and business terms