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 funding requirementMinimum funding requirement
A rule introduced in the wake of the Maxwell pensions scandal which was intended to ensure that company pensions funds always had enough assets to pay out their liabilities (i.e. pensions to retired members of the scheme).The legislation uses the yield from long term gilts as the yardstick by which a pensions fund's liabilities are measured. To stay within the rules, funds have felt obliged to buy these long-term bonds, with the result that their price has gone sky high.One alternative being considered is to change the whole way liabilities are valued and, in effect, to allow the funds to invest in more exciting securities than gilts, but to couple this with an insurance fund that bails out those funds that are unable to meet their liabilities. This insurance fund would be called the Central Discontinuance Fund (CDF).
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.
Minimum variance frontierMinimum variance frontier
Graph of the lowest possible portfolio variance that is attainable for a given portfolio expected return.
Minimum maintenanceMinimum maintenance
The lowest required equity level that must be held with a broker in a margin account. See: margin call.
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The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2.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 maintenance
Minimum variance portfolio
Minimum import price
guaranteed minimum period
minimum price fluctuation
alternative minimum tax
guaranteed minimum pension
minimum quote size
Minimum price system
minimum income guarantee
Minimum efficient scale