| 单词 | buffer stock |
| 释义 | buffer stock A stock of a commodity owned by a government or trade organization and used to stabilize the price of the commodity. Usually the manager of the buffer stock is authorized to buy the commodity in question if its price falls below a certain level, which is itself reviewed periodically, to enable producers to find a ready market for their goods at a profitable level. If the price rises above another fixed level, the buffer stock manager is authorized to sell the commodity on the open market. Thus, producers are encouraged to keep up a steady supply of the commodity and users are reassured that its price has a ceiling. It may lead to over-production of the commodity if the intervention prices are set too high. See also: |
| 随便看 |
|
英汉经管词典收录了5297条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。