/ Dictionary / Index P price control: Meaning and Definition of Find definitions for: price' control" Pronunciation: [key] government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. price price-cut Related Content Daily Word Quiz: gregarious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language