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support level

noun Stock Exchange.
  1. a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
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Origin of support level

First recorded in 1950–55
Also called support, support area, support zone.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for support area

support area

noun
  1. military an area containing concentrations of personnel and materiel ready to support a force in the field
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012