- minimum
- ▪ I. minimum min‧i‧mum 1 [ˈmɪnməm] adjective [only before a noun]the smallest or least that is possible, allowed, or needed:
• Minimum investment in each fund is £2000.
• There is a minimum charge of £30.
• The minimum requirements for the job are a degree and a teaching qualification.
— compare maximum1[m0] ▪ II. minimum minimum 2 written abbreviation min noun [singular]1. the smallest amount or number of something that is possible, allowed, or needed:minimum of• Applicants should have a minimum of five years' professional experience.
• The company needed to raise a minimum of £150 million in new equity.
2. keep/reduce something to a minimum to limit something to the smallest amount or degree possible:• It is essential that we keep costs to a minimum.
• Risks must be reduced to the absolute minimum.
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Ⅰ.minimum UK US /ˈmɪnɪməm/ noun [C, usually singular] (WRITTEN ABBREVIATION min.)► the smallest amount or number allowed or possible: keep sth to a minimum »Wage increases are being kept to a minimum because of the recession.
with the minimum of sth »They installed the new computer system with the minimum of fuss, so there was no disruption at all to our work.
»Staff earn a minimum of $15 an hour.
»He only does the bare minimum of work and shows no enthusiasm at all.
Ⅱ.minimum UK US /ˈmɪnɪməm/ adjective (WRITTEN ABBREVIATION min.)► used for describing something that is the smallest allowed or possible: »You will pay a lot of interest on a credit card if you only pay off the minimum amount each month.
»A degree is the minimum qualification for a highly-skilled worker's visa.
Ⅲ.minimum UK US /ˈmɪnɪməm/ adverb (WRITTEN ABBREVIATION min.)► INFORMAL not less than a particular number or amount: »You have to work here for six months minimum before you qualify for a bonus.
Financial and business terms. 2012.