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Meaning of limit down | Babel Free

Noun CEFR B2

Definitions

Condition in which the market price of a commodity has fallen by the maximum daily amount permitted by the exchange.

uncountable

Examples

“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”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

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