Definition Of Floor Price. Examples of goods that have had price floors bestowed upon them include farm products and workers. A price floor or a minimum price is a regulatory tool used by the government.
Floor Price means the minimum price set by the Company in the Issuance Notice below which the Agent shall not sell Shares during the applicable period set forth in the Issuance Notice which may be adjusted by the Company at any time during the period set forth in the Issuance Notice by delivering written notice of such change to the Agent and which in no event shall be less than 100 without the prior written. To figure this out first we must discuss a price floor which in economics is a minimum price imposed by a government or agency for a particular product or service. Price floor - floor below which prices are not allowed to fall.
Also known as price support it represents the lowest legal amount at which a good.
The opposite of a price ceiling is a price floor which sets a minimum purchase cost for a product or service. Price floor - floor below which prices are not allowed to fall. Pressured by special interest groups our beloved government is often convinced that the price of a good needs to be kept at a higher level. Also known as price support it represents the lowest legal amount at which a good.
