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    • Join Date: Oct 2008
    • Posts: 5
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    #1

    with floor of $1,000-?

    Dear Teacher,

    Hello, I have a question about an expression of "with floor of (amount of money)"

    Is it correct to understand the idiom as "minimum"?

    Please help!

    taki


    • Join Date: Oct 2008
    • Posts: 118
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    #2

    Re: with floor of $1,000-?

    (Not a teacher)

    Taki,

    Yes, that appears to be what this means, although I have rarely heard this expression. It may refer to an auction bid or a minimum investment required. "Ceiling" is used in the opposite way, to set an upper limit ("debt ceiling").


    • Join Date: Oct 2008
    • Posts: 5
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    #3

    Re: with floor of $1,000-?

    Dear Greg,

    Thank you so much for your help.
    I searched on the internet, looking up dictionaries, but couldn't find the word..
    Helped me a lot!

    Thanks

    taki

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