Minimum lending rate

 

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Minimum lending rate

The minimum rate of interest at which the Bank of England was willing to lend to the money markets. Discontinued in 1981.



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Minimum variance frontier

Minimum variance frontier

Graph of the lowest possible portfolio variance that is attainable for a given portfolio expected return.


Minimum quote size

Minimum quote size

A 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 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.


Minimum price fluctuation

Minimum price fluctuation

Smallest increment of market price movement possible in a given futures or options contract.


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