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Minimum lending rate |
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Minimum lending rateThe minimum rate of interest at which the Bank of England was willing to lend to the money markets. Discontinued in 1981.Similar MatchesRequired minimum distribution (RMD)Required minimum distribution (RMD)The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2. Roth IRAs are exempt from this rule. Minimum variance portfolioMinimum variance portfolioThe portfolio of risky assets with lowest variance. Minimum variance frontierMinimum variance frontierGraph of the lowest possible portfolio variance that is attainable for a given portfolio expected return. Minimum quote sizeMinimum quote sizeA London Stock Exchange term which refers to the minimum number of shares in which market makers must display prices on the SEAQ for those securities for which they are registered. Minimum income guaranteeMinimum income guaranteeThe Minimum Income Guarantee tops up pensioners' incomes from the basic state pension. In the year 2003, the top up is to £102.10 a week for a single person to £155.80 for a couple.The MIG rises with wages inflation which tends to move faster than price inflation (on which the basic state pension is based) so in time the gap between the state pension and the MIG should grow.Anyone with assets over £12,000 is disqualified from the MIG. Further SuggestionsAlternative Minimum Tax (AMT)minimum price fluctuation Minimum import price Minimum efficient scale minimum maintenance minimum funding requirement Minimum price system guaranteed minimum pension alternative minimum tax guaranteed minimum period Minimum maintenance |
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