"Statutory minimum" refers to the lowest amount or level determined by law that must be followed or met. It is the minimum requirement set by a legal authority that must be complied with.
Full definition
Synonyms for individual words can be found below.
«statutory»
«minimum»
Sentences with «statutory minimum»
- Over the next two years, several states plan to raise statutory minimum wage rates, adding to the upward pressure on wages. (blackrockblog.com)
- Some bonds are required to meet certain statutory minimum requirements. (srhl-law.com)
- Instead, the employee may be left with only statutory minimums, which are usually far more predictable and less expensive than what the common law provides. (canadianlawyermag.com)
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