Floor price
Term · Energy · MLC-T-ENE-000811
A price specified in a market-price contract as the lowest purchase price of the uranium, even if the market price falls below the specified price. The floor price may be related to the seller's production costs.
| Identifier | MLC-T-ENE-000811 |
|---|---|
| Field | Energy |
| References | EIA Glossary |
Record as JSON
{
"id": "MLC-T-ENE-000811",
"term": "Floor price",
"field": "Energy",
"definition": "A price specified in a market-price contract as the lowest purchase price of the uranium, even if the market price falls below the specified price. The floor price may be related to the seller's production costs.",
"references": [
"EIA Glossary"
],
"url": "https://mlchart.com/terminology/energy/floor-price/"
}
Record 811 of 2,515 in Energy terminology (MLC-0117). Request the full dataset.