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support level
noun
, Stock Exchange.
- 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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Word History and Origins
Origin of support level1
First recorded in 1950–55
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Example Sentences
Besides the powerful motor, the Paselec e-bike features a progressive Smart Assist mode, adjusting the support level to suit the riding situation.
From Popular-Science
As long as bonds can maintain current levels and not breach the next support level, rates will remain the same.
From Washington Post
However, that support level is down from 65% in a Fortune-SurveyMonkey poll in September.
From Fortune
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