price floor

price floor price floor floor

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price floor UK US noun [C]
ECONOMICS, GOVERNMENT a lower limit set by a government on the price that can be charged for a product or service: »

The price floor has a measurable impact on the market.

Compare PRICE CEILING(Cf. ↑price ceiling)

Financial and business terms. 2012.

Look at other dictionaries:

  • Price floor — A price floor is a government or group imposed limit on how low a price can be charged for a product. [cite web url=http://dictionary.reference.com/browse/Price%20floor title=Price floor Definitions from Dictionary.com… …   Wikipedia

  • price floor — noun floor below which prices are not allowed to fall the government used price supports to maintain the price floor • Hypernyms: ↑floor, ↑base …   Useful english dictionary

  • price floor — minimum price at which a good can be sold legally (Economics) …   English contemporary dictionary

  • price floor — Fin the lowest price at which a seller is prepared to do business …   The ultimate business dictionary

  • floor price — ➔ price1 * * * floor price UK US noun [C] FINANCE ► the lowest price at which a product can be sold: »The wool corporation lowered its floor price by 20% because of falling demand …   Financial and business terms

  • price ceiling — ➔ ceiling * * * price ceiling UK US noun [C] ► ECONOMICS, GOVERNMENT an upper limit set by a government on the price that can be charged for a product or service: »Recent increases in the price of gas have left many individuals asking for a price …   Financial and business terms

  • Price controls — may refer to:* Price ceiling, the maximum price that can be charged * Price floor, the minimum price that can be charged …   Wikipedia

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • Floor — The lowest acceptable limit as restricted by controlling parties. Floors can be established for a number of factors, including prices, wages, interest rates, underwriting standards and bonds. Some types of floors, such as underwriting floors, act …   Investment dictionary

  • Price ceiling — A price ceiling is a government imposed limit on how high a price can be charged on a product. For a price ceiling to be effective, it must differ from the free market price. In the graph at right, the supply and demand curves intersect to… …   Wikipedia

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