noun
price floor; minimum price
Economic term for the lowest legally or contractually allowed price for a good or service.
政府は農産物に下限価格を設定した。
The government set a price floor for agricultural products.
上限価格 is a price ceiling (maximum price), while 下限価格 is a price floor (minimum price).
Compound of 下限 (lower limit) and 価格 (price).