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GLOSSARY: Enter search term:
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Glossary Term: FLOOR

Definition(s) for FLOOR:

1. ) A lower limit for a variable, such as the lower limit on an interest rate paid or received in a transaction. It can also mean the area of an organized exchange where securities are traded. Customer orders are transferred to the floor, where they are executed by members of the exchange.

2. ) The open space where the trading of listed stocks and bonds takes place on the New York Stock Exchange (NYSE).


See Also:
FLOOR PLANNING, INTEREST RATE FLOOR, EQUITY FLOOR, FLOOR BROKER, FLOOR OFFICIAL, FLOOR TICKET, FLOOR TRADER, FORWARD FLOOR, FLOOR BROKER (FB), FLOOR TRADER (FT), FLOOR BROKERS, FLOOR INFORMATION DEVICES (FID), FLOOR OFFICIAL, FLOOR REPORTER, TRADING FLOOR, FLOOR BROKER, FLOOR BROKER
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