Legal Dictionary of Pakistan

floor.

1. A legislature's central meeting place where the members sit and conduct business, as distinguished from the galleries, corridors, or lobbies <the floor of the Texas Senate>. 2. The trading area where stocks and commodities are bought and sold on an exchange <the broker placed his buy order with the trader on the floor of the NYSE>. 3. The lowest limit <the floor for that position is $25,000 per year>.