Definition of «minimum amount»

The term "minimum amount" refers to the smallest possible quantity or degree, often used in reference to a monetary sum. It is the lowest limit that can be accepted as sufficient for some purpose, or the least quantity required to achieve a particular result. In other words, it represents the bare minimum standard or requirement.

Phrases with «minimum amount»

to pay the minimum amount
required minimum amount
minimum amount due
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Sentences with «minimum amount»

Some may be willing to go without it, but the majority of states have laws requiring minimum amounts of coverage. (autoinsurancequotes.com)
Please see your line of credit agreement for details on minimum amount required to process a cash advance. (checkintocash.com)
If you set up an automatic payment, for the day after your payday, for at least to minimum amount due then you will know that the payment is made every month. (financialdemics.com)
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Definition of «minimum amount»

Phrases with «minimum amount»

Sentences with «minimum amount»

See also