Imum Coeli

Science / Astrology / 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.

Minimum Purchases

Business / Finance / 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 buyers pa MORE

Minimum Price Fluctuation

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

Minimum Qualifications

Business / Human Resources (HR) / Minimum Qualifications: The attributes of a job description which establishes a baseline for meeting the qualifications for a particular position. MORE

Minimum Required Distribution (MRD)

Business / Taxes / 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) plans, 403(b MORE

Minimum Stay

Life Style / Travel / 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) MORE

Minimum Monthly Benefit

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