ECONOMICS,GOVERNMENTalowerlimitset by agovernmenton thepricethat can bechargedfor aproductorservice:Thepricefloorhas ameasurableimpacton themarket.Compareprice ceiling(Definition ofprice floorfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofprice floor
price floorIn the first graph at right, the dashed green line represents apricefloorset below the free-market price.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.By contrast, in the second graph, the dashed green line represents apricefloorset above the free-market price.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Minimum wage behaves as a classicalpriceflooron labor.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In this case, thepricefloorhas a measurable impact on the market.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.For farmers, an increase in available information to help cooperatives work together was no substitute for thepriceflooron select crops that they demanded.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The subsidy programs give farmers extra money for their crops and guarantee apricefloor.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.To protect technology rents from leakage, the primary requirement is just a quotapricefloor.From theCambridge English CorpusIn effect, the loan rate is apriceflooron actual production.From theCambridge English CorpusWe need to invest in new technology and thirdly, we need to set apricefloorfor carbon dioxide.FromEuroparl Parallel Corpus - EnglishNorwegian exporters will have to show that their weighted average price over the three-month period does not fall below thispricefloor.FromEuroparl Parallel Corpus - EnglishThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/price-floor##
