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Discover LudwigThe phrase "a minimum price" is correct and usable in written English.
It can be used when discussing the lowest acceptable price for a product or service.
Example: "The seller set a minimum price for the auction to ensure they would not lose money on the item."
Alternatives: "a base price" or "a lowest price".
Exact(60)
Unlike Fairtrade, however, it does not guarantee a minimum price.
Under the current program, the government sets a minimum price to cover dairy farmers' production costs.
"The Government needs to look again at a minimum price per unit of alcohol.
It would require them to pay a minimum price for permits to pollute under the E.U.
The British measure sets a minimum price of £0.40 ($0.65) per beverage.
The ranch is now set for auction in September, with a minimum price of $4.5 million.
In other words, they set a minimum price at which the goods could be sold.
The agreement sets a minimum price for Chinese panels of €0.56, or $0.74 ,per watt.
However, imposing a minimum price on alcohol would not be an effective solution.
Instead we need a minimum price of 52p per unit to offset the cost.
A sealed-bid sale was scheduled, with a minimum price set at $32 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com