floor price


noun

a minimum price required of an item being auctioned.

QUIZZES

DO YOU KNOW THIS VOCABULARY FROM "THE HANDMAID'S TALE"?

"The Handmaid's Tale" was required reading for many of us in school. Everyone else has probably watched the very popular and addictive TV show. Do you remember this vocabulary from the book, and do you know what these terms mean?
Question 1 of 10
decorum
Also called reserve price.

Origin of floor price

First recorded in 1950–55
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020