Imum Coeli: From the Latin, literally bottom of the heavens; the zodiacal point opposite the Medium Coeli (Midheaven, MC). The Imum Coeli is one of the angles and forms the fourth house cusp in an unequal house system. Abbreviated IC.

 

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Imum Coeli: From the Latin, literally bottom of the heavens; the zodiacal point opposite the Medium Coeli (Midheaven, MC). The Imum Coeli is one of the angles and forms the fourth house cusp in an unequ . . . View Full Definition

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 Price Fluctuation: Smallest increment of price movement possible in trading a given contract. Also called point or tick.

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

Minimum Monthly Benefit: There is usually a minimum amount paid as a monthly benefit after reductions for 'Other Income Benefits'.

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 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 Maintenance: The lowest required equity level that must be held with a broker in a margin account. See: Margin call.

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 Connect Time: The shortest time required in order to successfully transfer to a connecting flight. It is recommended to select a connecting flight that exceeds the minimum connection time.