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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.

See Examples For:

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

From MarketWatch Jun. 2, 2026

Anand notes the binding letter follows a revised agreement between Lynas and Japan Australia Rare Earths last week that included the same floor price.

From The Wall Street Journal Mar. 16, 2026

It’s the floor price referenced in the Defense Department’s blockbuster July agreement with MP that included a price floor, equity, and offtake agreements.

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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