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 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.
Minimum maintenanceMinimum maintenance
The lowest required equity level that must be held with a broker in a margin account. See: margin call.
Minimum variance portfolioMinimum variance portfolio
The portfolio of risky assets with lowest variance.
Guaranteed minimum periodGuaranteed 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.
Minimum variance frontierMinimum variance frontier
Graph of the lowest possible portfolio variance that is attainable for a given portfolio expected return.
Further SuggestionsMinimum price system
minimum funding requirement
Required minimum distribution (RMD)
Minimum efficient scale
minimum quote size
Minimum import price
minimum price fluctuation
Alternative Minimum Tax (AMT)
alternative minimum tax
guaranteed minimum pension