price floor
noun [ C ]
ukus 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
| 单词 | price floor |
| 释义 | price floor noun [ C ] ukus 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 |
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