floor price

Lowest allowed price

A floor price is the minimum amount below which something cannot or will not be sold.

Governments may set floor prices to protect producers: The floor price for wheat prevents farmers from being undercut.

In auctions and NFT markets, a floor price is the lowest available asking price for items in a collection.

The opposite is a ceiling price or price cap.

Related

rock bottom · auction · bidding · minimum bid · starting bid · NFT · valuation · support · support level · benchmark · lowest · bargain basement · market · trading · ceiling · limit · guaranteed · protection

Categories
Opposites
price boundary direction

floor priceceiling price

Mandated maximum charge

price ceiling · price cap · maximum price · upper limit · cap

market regulation vs. free market

floor pricemarket price

Current exchange value

spot price · dynamic pricing

Family

floor, price, floors, floored, flooring, prices, priced, pricing, pricey

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