support level

support′ lev`el

n.

a minimum price below which a specific stock will not fall, usu. because of the stock's inherent worth.

[1950–55]

Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

Thesaurus

Noun

1.

support level - (stock market) the price at which a certain security becomes attractive to investors securities market, stock exchange, stock market - an exchange where security trading is conducted by professional stockbrokers price, terms, damage - the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?"

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