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minimum: n. & adj. (pl. minima) --n. the least possible or attainable amount (reduced to a minimum). --adj. that is a minimum. minimum lending rate the announced minimum percentage at which a central bank will discount bills (cf. base rate (see BASE(1) ))). Abolished in the UK in 1981. minimum wage the lowest wage permitted by law or special agreement. [L, neut. of minimus least]


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