Minimum Access: In the Uruguay Round Agreement on Agriculture, countries are obliged to provide minimum levels of imports for products subject to tariffication. Access is assured by tariff-rate quotas.

 

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Minimum Access: In the Uruguay Round Agreement on Agriculture, countries are obliged to provide minimum levels of imports for products subject to tariffication. Access is assured by tariff-rate quotas.

Minimum Stay: A period of time a traveler needs to stay in an individual destination to qualify for a specific airfare. (example: one week, one month, or even a friday night)

Minimum Required Distribution (MRD): A minimum required distribution is the smallest amount you can take each year from your retirement savings plan once you've reached the mandatory withdrawal age. There are MRDs for 401(k) pl . . . View Full Definition

Minimum System Requirements: Computer games only (does not apply to console games). A written description of the lowest operating system, CPU speed, CD drive speed, RAM, hard disk space, etc. That are required in order . . . View Full Definition

Minimum Viable Population (MVP): The smallest population size that can avoid extinction due to breeding problems or random environmental fiuctuations.

Minimum Wage: The smallest hourly wage that an employee may be paid for all hours worked, as mandated by federal or state law.

Minimum Qualifications: The attributes of a job description which establishes a baseline for meeting the qualifications for a particular position.

Minimum Tillage: The minimum soil manipulation necessary for crop production. Conservation tillage, reduced tillage, and no-till farming are related terms.

Minimum Purchases: For mutual funds, the amount required to open a new account (minimum initial purchase) or to deposit into an existing account (minimum additional purchase). These minimums may be reduced for . . . View Full Definition

Minimum Detectable Range: The minimum range at which an object can be detected due to antenna height, vertical beam width and transmitted pulse length.