Minimum quote size

 

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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.



Similar Matches

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 price system

Minimum price system

Specification of the lowest price permitted for an import. Prices below the minimum may trigger a tariff, hence a variable levy, or quota. See maximum price systerm. These have several names: basic import price, minimum import price, reference price, and trigger price.


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The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2.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.


Minimum import price

Minimum import price

See minimum price system.


Guaranteed minimum pension

Guaranteed minimum pension

The minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension).


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