support level

noun Stock Exchange.
a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
Also called support, support area, support zone.


Origin:
1950–55

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
The support level will not be recorded in the plan until the rate calculator is completed.
These purchases help maintain market prices at the legislated support level.
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