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TeachMeFinance.com - explain Ground floor historic definition... Ground floor -- A colloquialism. When one is permitted to acquire securities of a company on more favorable terms than the general public (as, for instance, a member of an underwriting syndicate) he is said to have been let in on the ground floor. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.