The lowest possible price limit set by market makers, regulatory bodies or controlling...
An option that pays an amount of interest on an agreed-upon amount of notional principal whenever the market index is below the floor's predetermined base.
The rate below which the interest rate of an adjustable rate mortgage may not decline.
Protects the seller from price falls below a certain level
The part of the house assigned to the members.
The securities trading areas of the NYSE consisting of four rooms; the main room, the garage, the blue room, and the bond room. (See Trading Ring)
Refers to action before the full House or full Senate. A bill on the Senate floor is being considered by the full Senate.
Members of Congress call the space where the House or Senate debate and vote â€œthe floor,â€ more formally known as the House or Senate chamber.
The bottom or lower part of any room; the part upon which we stand and upon which the movables in the room are supported.
The structure formed of beams, girders, etc., with proper covering, which divides a building horizontally into stories. Floor in sense 1 is, then, the upper surface of floor in sense 2.
A story of a building. See Story.
That part of the bottom of a vessel on each side of the keelson which is most nearly horizontal.
The trading area where securities are bought and sold on an exchange. It is far less of the bull pit it used to be since the advent of screen trading.
The area of a stock exchange where active trading occurs. Also the price at which a stop order is activated (when the price drops low enough to activate such an order).
An agreement with a counterparty that sets a lower limit to interest rates for the floor buyer for a stated time. A term for an exchanges trading area (cf. screen based trading), normally the trading area is referred to as a pit in the commodities and futures markets.
Trading area where stocks and bonds are bought and sold on an exchange.
Refers to the minimum classification number a roper must have in order to participate in a specific roping. Example: If a roping has a #6 floor, no roper who has a classification less than a #6 is eligible to compete.
A term used in the lower of cost or market (LCM) that serves as a constraint for the market value. In the LCM for inventory, the floor is the net realizable value (NRV) minus the normal profit. This means that if the replacement cost of an inventory item is less than this amount, this amount becomes the market amount that will be compared with the item's cost for valuing inventory under LCM. To learn more, see Explanation of Lower of Cost or Market To Top
A minimum or set amount of public financing or other public resources (e.g., free media or postage) available to all eligible candidates.
The minimum market amount at which inventory can be carried on the books; equal to net realizable value minus a normal profit.
To strike down or lay level with the floor; to knock down; hence, to silence by a conclusive answer or retort; as, to floor an opponent.
surprise greatly; knock someone's socks off; "I was floored when I heard that I was promoted"
knock down with force; "He decked his opponent"
To knock an opponent down.
The surface, or the platform, of a structure on which we walk or travel; as, the floor of a bridge.
The base of the plate which supports the relief image of the plate. The floor is calculated by subtracting the relief from the total plate thickness.
That part of the bridge which directly receives the travel. (Plate IL, Fig. 13.)
The floor of a value is the greatest whole number less than that value. See also ceiling.
Rounding mode that rounds to the closest representable number in the direction of negative infinity. See also ceiling (round toward), convergent rounding, nearest (round toward), rounding, truncation, zero (round toward)
greatest integer less than or equal to a given number. Symbol