Price freezes are often implemented in an effort to stabilize consumer prices and strengthen market confidence. However, there are a number of synonyms for "price freezes" that convey similar sentiments with slight variations. For instance, "price caps" limit the maximum price a company can set for a specific product or service. "Price ceilings" set a maximum level at which prices can be set within a market, while "rate freezes" typically apply to industries such as utilities or insurance. Other synonyms include "price controls," "price restraints," and "cost ceilings." Regardless of the terminology used, these types of policies aim to promote economic stability and protect consumers from sudden, drastic price increases.