What does Price Floor mean?
A minimum price, typically set by the government, that can be charged for a good or service.
The minimum wage is a price floor for labor.
Price Floor in German, French, Spanish and Italian
GermanPreisuntergrenze
also Mindestpreis
Staatliche Untergrenze, z.B. der Mindestlohn.
FrenchPrix plancher
Prix minimum légal en dessous duquel on ne peut vendre.
SpanishPrecio mínimo
Precio mínimo fijado por ley para proteger a los productores.
ItalianPrezzo minimo
also Pavimento di prezzo
Limite minimo al di sotto del quale il prezzo non può scendere.
Common phrases with Price Floor
- minimum wage price floor
- government price floor
- set price floor
Synonyms and opposites for Price Floor
- Synonym Minimum price
- Opposite Price Ceiling