De minimis


 

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De minimis

A legal term for an amount that is small enough to be ignored, too small to be taken seriously. Used to restrict legal provisions, including laws regarding international trade, to amounts of activity or trade that are not trivially small.



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De minimis limit

De minimis limit

If a pension pays less than this limit, the whole of the member's share of the pension fund can be taken as a one-off amount.




 
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