That part of the bottom of a vessel on each side of the keelson which is most nearly horizontal.

The rock underlying a stratified or nearly horizontal deposit.

A horizontal, flat ore body.

Plate running athwartships low down in the bilges, connecting a pair of port and starboard frames. Normally a ship has as many floors as frames.

horizontal face which makes up a step floor.

(1) The inside bottom or lowest horizontal surface of a room, on which one walks or stands. (2) The different levels (stories) in a building, such as main floor, second floor, etc.

The one central, substantially horizontal surface, inside the hull.

the inside lower horizontal surface (as of a room or hallway); "they needed rugs to cover the bare floors"

the bottom surface of any a cave or lake etc.

Vertical transverse plate immediately above the bottom shell, often located at every frame, extending from bilge to bilge.

The bottom of a trench.

A transverse structural timber to which the bottom planking is fastened. The ends of the floor timbers are joined to the bottom of the frames. The keelson is fastened on top of the floors, and the hold ceiling is fastened to the top of the floors.

A horizontal exterior partition, or a horizontal demising partition, under conditioned space which separates conditioned space from unconditioned space.

the transverse plate which crosses the longitudinal girders and stiffens the bottom plating; also known as floor plate compare keelson

That part of any underground working upon which a person walks or upon which haulage equipment travels; simply the bottom or underlying surface of an underground excavation.

A plate placed vertically in the bottom of a ship usually on every frame and running athwartship from bilge to bilge.

1. The inside bottom surface of a room or hall, on which people walk. 2. A lower limit set on anything.

the bed or bottom of the ocean; seabed; a flat surface at the bottom; an underlying stratum on which a seam of coal or other rock lies; a large, level surface. [ADDOS

In architecture, a floor is generally the lower horizontal surface of a room (see also flooring). The various levels of rooms in a building are also called floors or stories/storeysSingular: story or storey; plural: stories or storeys, respectively. See American and British English spelling differences.: "ground floor," "first story," "mezzanine floor," etc.

Members of Congress call the space where the House or Senate debate and vote “the floor,” more formally known as the House or Senate chamber.

The attendant in charge of the card room or a section of a card room.

The working area of either chamber of the Legislature.

That portion of a legislative chamber reserved for legislators, staff, and other persons granted access during Session.

A traditional term for the meeting chamber of either house.

the area of the legislative chamber where the senators sit. When a committee advances a bill "to the floor," that means the bill is being sent to the full Legislature for consideration.

Supervisory personnel at a card room. Traditionally floorman.

The area within the bar in both the House and Senate Chambers.

structure consisting of a room or set of rooms comprising a single level of a multilevel building; "what level is the office on?"

the legislative hall where members debate and vote and conduct other business; "there was a motion from the floor"

a large room in a stock exchange where the trading is done; "he is a floor trader"

The floor is the portion of one of the large meeting rooms in the capitol in which the entire chamber (House or Senate) routinely meets to conduct official business.

Action "on the floor" is that which occurs as part of a formal session of the full Senate or House.

The interior chamber of either body where the Members meet to introduce and debate proposed legislation.

The area of a legislative chamber where the members conduct business.

The chamber area in which the members of either house sit to consider official legislative action.

The area of the legislative chamber occupied by the members and staff of the house.  A legislator "has the floor" when he or she has been granted permission by the presiding officer to address the house.

Action "on the floor" is that which occurs as part of a formal session of the full Senate. An action "from the floor" is one taken by a Senator during a session of the Senate. A Senator who has been recognized to speak by the Chair is said to "have the floor."

(1) The Assembly or Senate Chambers. (2) The term used to describe the location of a bill or the type of session. Matters may be referred as "on the floor."

The House and Senate Chambers. The rooms where the House and Senate each meet.

after a bill passes through the committee process, it is sent to the "floor" in either the House or Senate, meaning it is placed on any of the various bill lists while awaiting debate by all members.

The area of a legislative chamber which is occupied by the members and staff of the body.

The trading floor of the central marketplace where a security or a commodity is traded, such as the Bond Room of the New York Stock Exchange.

That portion of the chamber reserved for members, staff, and other persons granted access during the session.

the inside of either chamber, "floor action" refers to action taken by entire membership of a chamber

That portion of the chamber reserved for members and officers of the assembly.

(1) The full Senate or House, as in "sending a bill to the floor". (2) Also used to indicate who is allowed to speak at a particular time, as in "having the floor".

Can refer to the House or Senate chambers. More generally, when a bill is before the entire chamber (as opposed to a committee), it is said to be on the floor. Also, when a house is in session, its members are said to be on the floor.

Figuratively, within the chamber while that chamber is in session, as in floor amendment or floor debate. Floor actions are distinguished from actions taking place elsewhere, e.g., lobbying, or committee actions.

Reference to the interior of the chamber. "Floor action" refers to action in the chamber on a measure under consideration.

Literally, the floor of the chamber in which either house meets. When members are attending a meeting of their house, they are said to be "on the floor."

Protects the seller from price falls below a certain level

An interest rate option which protects the holder from a decrease in interest rates. The holder, by exercising, receives a cash settlement representing the difference between the strike level and the underlying interest rate, should the latter be lower for the set period. Floors have a life of normally between two and five years. The option can be exercised at regular intervals (e.g. every 6 months) during the life of the floor. See Cap.

A contract on a short-term interest rate in which the writer of the floor pays the buyer the difference for any period prior to expiration when the rate is fixed at a level below the floor rate specified in the cap. Floor can also refer to the minimum interest rate on an adjustable-rate security or loan.

(1) The lowest rate a financial market is allowed to fall. (2) The trading floor of an exchange.

The lower limit for the interest rate on an adjustable-rate loan or security.

The lowest interest rate of an adjustable rate mortgage

a lower limit; "the government established a wage floor"

a financial contract giving the owner the right but not the obligation to lend a pre-set amount of money at a pre-set interest rate with a pre-set maturity date

The minimum coupon to which a floating rate security can reset over its life.

in CPPI, the amount below which the value of a portfolio is permitted to fall

This is the minimum possible rate on a line of credit or variable-rate loan, after the introductory rate period.

An option which fixes the minimum interest rate receivable on a deposit/loan for a series of interest payments.

Least amount an interest rate can be on a loan.

a contract that allows the purchaser to have a lower limit on the total rate of return of an asset.

The lowest possible rate that can be applied to a particular type of loan

the floor of an impact crater, usually bowl-shaped or flat, lying below the surrounding ground level.

Rate below which voted mills will not be reduced under the property tax reduction factor. Established by the General Assembly. Currently set at 20 mills.

In the interest rate derivatives market, an instrument in which the buyer receives payments from the seller in the event interest rates decline below a specified level; used by the buyer as a hedge against falling interest rates. In the bond market, the floor of a floating-rate security is its minimum possible interest rate. See " Cap"

A rate option strategy that allows its holder to set a floor or minimum interest rate for his floating rate deposits over a period of time. A floor is analogous to a series of put options on interest rates protecting the buyer from interest rates falling below a specific level.

The minium interest rate that can be credited to your policy equity index annuity in a year or over the term of your contract.

On an adjustable rate mortgage (ARM), the minimum interest rate the loan could reach over the adjustment periods.

Is the lower limit price or interest rate.

The lowest rate that can be charged on an adjustable rate loan.

In dynamic ratchet management, the level below which the value may not fall.

minimum interest rate payable on an adjustable-rate mortgage.

See:  INTEREST RATE FLOOR.

The place where the auction sale occurs. Also a term used for the lowest price a seller is willing to part with his or her property.

The lowest an adjustable-rate mortgage rate can ever be during the life of the loan.

A contract whereby the seller agrees to pay to the purchaser in return for the payment of a premium, the difference between current interest rates and an agreed (strike) rate times the notional amount should interest rates fall below the agreed rate. A floor contract is effectively a string of interest rate guarantees.

The minimum rate of interest payable on an adjustable-rate class or mortgage.

Minimum rate of interest on an adjustable rate mortgage loan.

The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period. For example, on a credit card with the Prime rate as its index, no matter how low the Prime rate drops, the rate on the line may never decrease below the stated rate floor.

The facility of an exchange where brokers engage in trading; a price established below which others are not acceptable or allowed; a minimum on the interest rate in a contract or on a market value for inventory items, and other events

The lowest the interest rate on a variable or adjustable rate mortgage may go.

a type of derivative instrument that offers protection against declining prices, exchange rates or interest rates.

An option agreement that puts a lower limit on the interest rate .It provides lenders/investors with interest rate risk protection in case the rate goes below the floor rate. The lender/investor is compensated for any fall in rate below the floor rate.

the lowest limit of performance that can be assessed or measured by an instrument or process. Individuals who perform near to or below this lower limit are said to have reached the floor, and the assessment may not be providing a valid estimate of their performance levels. Such individuals should be given a less difficult assessment of the same attribute if it is necessary to differentiate between lower levels of performance. See Ceiling, Functional-Level Testing.

A term used in the system of indicator prices. The floor is the lower limit in the price ranges established for the purpose of adjusting quotas in response to movements in prices.* See also Adjustment of quotas; Ceiling; Indicator prices; Price ranges

The opposite of ceiling, it is the lowest limit of performance that can be measured effectively by a test. Individuals are said to have reached the floor of a test when they perform at the bottom of the range in which the test can make reliable discriminations. If an individual or group scores at the floor of a test, the next lower level of the test, if available, should be administered.

The interior of the crater. It is flat in large craters.

The interest rate below which the rate of an Adjustable-Rate Loan cannot be adjusted.

Under the Advisory Guidelines, the income level for the payor spouse below which the formulas do not apply.

An agreement that limits the holder's exposure to downward movements in the price or rate of the underlying instrument. Floors are similar to put options and are most often employed by sellers of the underlying instrument and by lenders in floating rate financing agreements. Floors are normally traded in OTC markets and can have tailored terms and conditions with performance risk assumed by the involved parties.

A type of derivative instrument which is linked to interest rates.

The minimum interest rate paid on a security or under a derivative agreement.

The lowest acceptable limit as restricted by controlling parties.

A feature of a floating rate security that stipulates a minimum coupon (the floor) below which the coupon cannot adjust.

In banking and finance, a floor can be negotiated and agreed upon when the interest rate is dependent on the market interest rate.

In business terms, the lowest acceptable level of trading and exchange. See 'Cap'.

To knock an opponent down.

The minimum market amount at which inventory can be carried on the books; equal to net realizable value minus a normal profit.

Term used when discussing INVENTORIES. Inventory cannot be valued lower than the "floor" which is the net realizable value of the inventory less an allowance for a normal profit margin.

Trading area where stocks and bonds are bought and sold on an exchange.

The huge trading area - about the size of a football field - where stocks, bonds and options are bought and sold on the New York Stock Exchange.

The place in an exchange where securities are traded.

The area of an exchange where securities are bought and sold. See: Floor Broker; Floor Trader; Post; Stock Exchange

forward forward trade

1) The main trading area of an exchange. 2) A supply contract between a buyer and seller of a commodity, whereby the seller is assured that he will receive at least some minimum price. This type of contract is analogous to a put option.