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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 MatchesMinimum import priceMinimum import priceSee minimum price system. Alternative Minimum Tax (AMT)Alternative Minimum Tax (AMT)A federal tax aimed at ensuring that wealthy individuals, estates, trusts, and corporations pay a minimal level income tax. For individuals, the AMT is calculated by adding adjusted gross income to tax preference items. Required minimum distribution (RMD)Required minimum distribution (RMD)The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2.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. Guaranteed minimum periodGuaranteed minimum periodThe 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. 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. Further SuggestionsMinimum variance frontierminimum income guarantee Minimum price system minimum maintenance minimum funding requirement Minimum variance portfolio Minimum efficient scale guaranteed minimum pension alternative minimum tax Minimum maintenance minimum price fluctuation |
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