Minimum lending rate
Minimum lending rateThe minimum rate of interest at which the Bank of England was willing to lend to the money markets. Discontinued in 1981.
Minimum variance portfolioMinimum variance portfolio
The portfolio of risky assets with lowest variance.
Minimum maintenanceMinimum maintenance
The lowest required equity level that must be held with a broker in a margin account. See: margin call.
Minimum import priceMinimum import price
See minimum price system.
Minimum income guaranteeMinimum income guarantee
The 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.
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The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2.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.
Further SuggestionsMinimum efficient scale
guaranteed minimum pension
minimum funding requirement
minimum quote size
Minimum price system
Minimum variance frontier
Alternative Minimum Tax (AMT)
guaranteed minimum period
minimum price fluctuation
alternative minimum tax