Floor price

Floor price
  A price specified in a market-price contract as the lowest purchase price of the uranium, even if the market price falls below the specified price. The floor price may be related to the seller's production costs.
  U.S. Dept. of Energy, Energy Information Administration's Energy Glossary

Energy terms . 2014.

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  • floor price — ➔ price1 * * * floor price UK US noun [C] FINANCE ► the lowest price at which a product can be sold: »The wool corporation lowered its floor price by 20% because of falling demand …   Financial and business terms

  • floor price — a minimum price required of an item being auctioned. Also called reserve price. [1950 55] * * * floor price noun A fixed lowest limit to the possible price of something • • • Main Entry: ↑floor …   Useful english dictionary

  • floor price — a minimum price required of an item being auctioned. Also called reserve price. [1950 55] * * * …   Universalium

  • floor price — / flɔ: praɪs/ noun a lowest price, a price which cannot go any lower …   Dictionary of banking and finance

  • floor price — /ˈflɔ praɪs/ (say flaw pruys) noun the price at which goods are bought, as of wool at an auction, electrical equipment in a showroom, etc., without allowing for usual additional costs as for transport, installation, etc …  

  • price floor — ➔ floor * * * price floor UK US noun [C] ► ECONOMICS, GOVERNMENT a lower limit set by a government on the price that can be charged for a product or service: » The price floor has a measurable impact on the market. → Compare PRICE CEILING(Cf. ↑ …   Financial and business terms

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • floor — Synonyms and related words: addle, agora, amaze, amphitheater, answer, answer conclusively, arena, argue down, asphalt, astonish, astound, athletic field, auditorium, background, baffle, balcony, bamboozle, band, base, basement, basin, basis,… …   Moby Thesaurus

  • price ceiling — ➔ ceiling * * * price ceiling UK US noun [C] ► ECONOMICS, GOVERNMENT an upper limit set by a government on the price that can be charged for a product or service: »Recent increases in the price of gas have left many individuals asking for a price …   Financial and business terms

  • Price Hill, Cincinnati — Price Hill is a neighborhood of Cincinnati, Ohio, located north of Sedamsville and Riverside, south of Westwood and South Fairmount, and west of Queensgate. It is one of the oldest outlying settlements of Cincinnati, [ [http://frontier.cincinnati …   Wikipedia

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