floor price

floor price
a minimum price required of an item being auctioned. Also called reserve price.
[1950-55]

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Universalium. 2010.

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Look at other dictionaries:

  • 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

  • floor price — a minimum price required of an item being auctioned. Also called reserve price. [1950 55] * * * floor price noun A fixed lowest limit to the possible price of something • • • Main Entry: ↑floor …   Useful english dictionary

  • Floor price —   A price specified in a market price contract as the lowest purchase price of the uranium, even if the market price falls below the specified price. The floor price may be related to the seller s production costs.   U.S. Dept. of Energy, Energy… …   Energy terms

  • floor price — / flɔ: praɪs/ noun a lowest price, a price which cannot go any lower …   Dictionary of banking and finance

  • floor price — /ˈflɔ praɪs/ (say flaw pruys) noun the price at which goods are bought, as of wool at an auction, electrical equipment in a showroom, etc., without allowing for usual additional costs as for transport, installation, etc …  

  • price floor — ➔ floor * * * 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. ↑ …   Financial and business terms

  • 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 — Synonyms and related words: addle, agora, amaze, amphitheater, answer, answer conclusively, arena, argue down, asphalt, astonish, astound, athletic field, auditorium, background, baffle, balcony, bamboozle, band, base, basement, basin, basis,… …   Moby Thesaurus

  • 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 Hill, Cincinnati — Price Hill is a neighborhood of Cincinnati, Ohio, located north of Sedamsville and Riverside, south of Westwood and South Fairmount, and west of Queensgate. It is one of the oldest outlying settlements of Cincinnati, [ [http://frontier.cincinnati …   Wikipedia

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