official price; fixed price; ceiling price
Refers to a price set by a public authority, such as a government or regulatory body, often used in economic or policy contexts.
The government raised the official price of rice.
The official price system was widely used in postwar Japan.
市場価格 is the market price determined by supply and demand, contrasting with the government-set 公定価.
Compound of 公定 (official, publicly set) and 価 (price, value). The exact historical derivation is uncertain, but the term is associated with government price controls.