floor

A lower limit for a variable, such as the lower limit on an interest rate paid or received in a transaction. For example, an adjustable-rate loan may have a floor of 5 percent. In that example, the rate can adjust however loan terms provide, but it can never fall below 5 percent. The term "floor" is often used with its converse, a cap. A floor may be an embedded option, such as the floor on the rate for a floating-rate loan, or a stand-alone option contract. American Banker Glossary
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The area of a stock exchange where active trading occurs. Also the price at which a stop order is activated (when the price drops low enough to activate such an order). In context of interest rates, a level which an interest rate or currency is structured not to go below. Bloomberg Financial Dictionary
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An agreement with a counterparty that sets a lower limit to interest rates for the floor buyer for a stated time period. Exchange Handbook Glossary
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Level of partial capital protection below which the net asset value of a SGAM leveraged ETF may not fall during a rolling one-month period. NYSE Euronext Glossary

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US /flɔːr/ noun
ECONOMICS the lowest level, number, or amount something is allowed to reach: provide/keep/put a floor under sth »

Theoretically, buybacks put a floor under stock prices and raise earnings per share.

find/reach a floor »

Analysts believe the market has found a floor at about 2,560 points.

raise the floor on sth »

Another rule would raise the floor on the amount of assets a company must have to register with the SEC.

»

Many of these fixed-price contracts were signed when the price of coal was on the floor.

Compare CEILING(Cf. ceiling)
FINANCE, MONEY the lowest rate a country's government will allow its currency to reach in relation to other currencies: »

The euro finally seems to have hit the floor against the dollar.

the floor — Cf. the floor
drop/fall/go through the floor — Cf. go through the floor
have/take the floor — Cf. take the floor
get in on the ground floor — Cf. get in on the ground floor

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Floor — (fl[=o]r), n. [AS. fl[=o]r; akin to D. vloer, G. flur field, floor, entrance hall, Icel. fl[=o]r floor of a cow stall, cf. Ir. & Gael. lar floor, ground, earth, W. llawr, perh. akin to L. planus level. Cf. {Plain} smooth.] 1. The bottom or lower… …   The Collaborative International Dictionary of English

  • floor — floor·age; floor; floor·er; floor·ing; floor·less; floor·man; floor·ward; sub·floor; sea·floor; floor·wards; …   English syllables

  • floor — floor, storey In Britain the storey at ground level is called the ground floor. A single storey house is one with a ground floor only; a two storey house has a ground floor with a first floor above it; a three storey house has a second floor… …   Modern English usage

  • floor — [flôr] n. [ME flor < OE, akin to Ger flur, a plain < IE base * plā , broad, flat > PLAIN1] 1. the inside bottom surface of a room, hall, etc., on which one stands or walks 2. the bottom surface of anything [the ocean floor] 3. the… …   English World dictionary

  • Floor — Floor, v. t. [imp. & p. p. {Floored}; p. pr. & vb. n. {Flooring}.] 1. To cover with a floor; to furnish with a floor; as, to floor a house with pine boards. [1913 Webster] 2. To strike down or lay level with the floor; to knock down; hence, to… …   The Collaborative International Dictionary of English

  • floor — n 1 a: a main level space (as in a stock exchange or legislative chamber) distinguished from a platform or gallery b: members of an assembly took questions from the floor c: the right to address an assembly the senator from Utah has the floor 2 …   Law dictionary

  • Floor — 〈[flɔ:(r)] m. 6; Wirtsch.〉 1. an Warenbörsen häufig vorhandener, separater Raum, in dem Handelsgeschäfte getätigt werden können 2. freiwillig vereinbarte Mindestrendite bei Geldanlagen mit variablem Zins [<engl. floor, eigtl. „Boden, Parkett“] …   Universal-Lexikon

  • floor — ► NOUN 1) the lower surface of a room. 2) a storey of a building. 3) the bottom of the sea, a cave, etc. 4) a minimum level of prices or wages. 5) (the floor) the part of a legislative assembly in which members sit and from which they speak. 6) ( …   English terms dictionary

  • Floor 13 — ist ein 1991 von Virgin Interactive veröffentlichtes Computerspiel für DOS Betriebssysteme. Das Spiel selbst ist im Vereinigten Königreich angesiedelt und versetzt den Spieler in die Rolle des Chefs einer fiktiven Regierungsbehörde, die als… …   Deutsch Wikipedia

  • Floor — 〈[flɔ:(r)] m.; Gen.: s, Pl.: s; Wirtsch.〉 1. (an Warenbörsen) häufig vorhandener, separater Raum, in dem Handelsgeschäfte getätigt werden können 2. freiwillig vereinbarte Mindestrendite bei Geldanlagen mit variablem Zins [Etym.: <engl. floor,… …   Lexikalische Deutsches Wörterbuch

  • Floor — [flɔ:] der; s, s <aus engl. floor »Fußboden; Stockwerk; Sitzungssaal«, dies zu mhd. vluor »Boden(fläche), Saatfeld«>: 1. (an Produktenbörsen) abgegrenzter Raum, in dem sich die Makler zur Abwicklung von Termingeschäften zusammenfinden. 2.… …   Das große Fremdwörterbuch

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