price floor

1. 1.

   floor below which prices are not allowed to fall

   “the government used price supports to maintain the price floor”

   Broaderfloor

Questions about price floor

What does price floor mean?

price floor means "floor below which prices are not allowed to fall".

Is price floor a common word?

price floor is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.