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Definition of Price floor
1. Noun. Floor below which prices are not allowed to fall. "The government used price supports to maintain the price floor"
Lexicographical Neighbors of Price Floor
Literary usage of Price floor
Below you will find example usage of this term as found in modern and/or classical literature:
1. Commodity Programs: Impact of Support Provisions on Selected Commodity Prices by Juliann M. Gerkins (1997)
"This suggests that the provisions worked as intended, and the loan rate did not
act as a price floor for rice. While USDA officials generally agreed that ..."
2. The U. S. Sugar Program: Its Impact on Sweetener Users and Producers and How (1994)
"... a price floor for Sugar supplement the federal treasury. Since then, the United
States has used various programs to protect the domestic sugar industry, ..."
Other Resources:
