The phrase "guaranteed floor" means the lowest level of protection or support that is ensured or promised.
Sentences with «guaranteed floor»
Has maximum cap limiting growth and guaranteed floor limiting loss (0 - 1 %). (termlife2go.com)
Guaranteed ceiling on mortality and expense charges and guaranteed floor on interest credited to cash values. (thinkadvisor.com)
There is a 2 % guaranteed floor for the fixed account, with a 1 % floor on one indexed account option, and 0 % floor on the remaining four index options. (termlife2go.com)