limit down

noun

limit down

noun
1

Business, Finance A condition in which the market price of a commodity has fallen by the maximum daily amount permitted by the exchange.

  • Orange Juice - May & July fell to 5.00-cent limit DOWN ahead of Cold Storage report on 1/21. — Moore Research Center Inc 01/21/2004 https://web.archive.org/web/20051222001650/http://www.mrci.com/client/update.htm

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.