what does price floor mean?
PRICE FLOOR as NOUN
- Meaning
- floor below which prices are not allowed to fall
Usage Example(s)
- the government used price supports to maintain the price floor
Hypernyms(s) price floor is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.