Minimum funding requirement
Minimum funding requirementA rule introduced in the wake of the Maxwell pensions scandal which was intended to ensure that company pensions funds always had enough assets to pay out their liabilities (i.e. pensions to retired members of the scheme).The legislation uses the yield from long term gilts as the yardstick by which a pensions fund's liabilities are measured. To stay within the rules, funds have felt obliged to buy these long-term bonds, with the result that their price has gone sky high.One alternative being considered is to change the whole way liabilities are valued and, in effect, to allow the funds to invest in more exciting securities than gilts, but to couple this with an insurance fund that bails out those funds that are unable to meet their liabilities. This insurance fund would be called the Central Discontinuance Fund (CDF).
Local content requirementLocal content requirement
See domestic content requirement.
Materials requirement planningMaterials requirement planning
Computer-based systems that plan backward from the production schedule to make purchases in order to manage inventory levels.
Capital requirementsCapital requirements
Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
Margin requirement (options)Margin requirement (options)
The amount of cash an uncovered (naked) option writer is required to deposit and maintain to cover his daily position valuation and reasonably foreseeable intraday price changes.
Assets requirementsAssets requirements
A common element of a financial plan that describes projected capital spending and the proposed uses of net working capital.
Further SuggestionsExport performance requirement
Domestic content requirement
Sinking fund requirement
Public Sector Borrowing Requirement
Unit labor requirement
Requirement Indicator Matrix
Advance deposit requirement
Net capital requirement
Public Sector Net Cash Requirement
Initial margin requirement