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floor price

American  

noun

  1. a minimum price required of an item being auctioned.


Etymology

Origin of floor price

First recorded in 1950–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It also has the option to not redeem the notes if the stock falls below a set floor price.

From MarketWatch • Jun. 2, 2026

The revised deal includes a floor price for neodymium-praseodymium.

From The Wall Street Journal • Mar. 11, 2026

NdPr alloy prices are now above $110 per kilogram, surpassing the Defense Department’s floor price and suggesting an easing of China’s pricing regime.

From Barron's • Feb. 26, 2026

At its peak, the NFT floor price reached .86 Ethereum or about $2,800.

From Salon • Nov. 15, 2024

Pudgy Penguins have maintained a floor price similar to its peak in January 2023, according to the NFT Floor Price website.

From BBC • Nov. 9, 2023

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