Meaning of limit down | Babel Free
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.