Minimum import price


 

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Minimum import price

See minimum price system.



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Alternative minimum tax

Alternative minimum tax

A tax which targets high wealth individuals to pay a minimum amount of tax. The tax is calculated on the sum of adjusted gross income and tax preference items less exemptions.


Guaranteed minimum pension

Guaranteed minimum pension

The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).


Minimum price system

Minimum price system

Specification of the lowest price permitted for an import. Prices below the minimum may trigger a tariff, hence a variable levy, or quota. See maximum price systerm. These have several names: basic import price, minimum import price, reference price, and trigger price.


Minimum maintenance

Minimum maintenance

The minimum amount of equity which must be kept in a margin account as specified by the New York Stock Exchange, the National Association of Securities Dealers and brokerage firms.


Guaranteed minimum period

Guaranteed minimum period

The period during which an annuity is paid irrespective of whether the annuitant dies during that period.If the annuitant lives beyond this period, payments continue until death. An annuity with such a guarantee could benefit people, with dependants who require the income to continue after their death. This means that the sum of money paid for the annuity would not be wasted in the event of early death.


Further Suggestions

minimum income guarantee
Minimum maintenance
Required minimum distribution (RMD)
minimum funding requirement
minimum lending rate
Minimum efficient scale
minimum quote size
Minimum variance portfolio
Minimum variance frontier
Alternative Minimum Tax (AMT)
minimum price fluctuation


 
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