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  • required — UK US /rɪˈkwaɪəd/ adjective [before noun] ► necessary according to the rules or for a particular purpose: »We hope to be able to raise the required sum of money. »The company failed to maintain its required minimum net capital. »the required… …   Financial and business terms

  • required minimum distribution — Commonly called an RMD, the minimum amount that a person must take out of their Individual Retirement Account (IRA) starting at either age 70 and a half or the year of the person retires, whichever is later. Category: Personal Finance &… …   Law dictionary

  • IRA Required Minimum Distributions — Required Minimum Distributions, often referred to as RMDs, are amounts that the federal government requires you to withdraw annually from traditional IRAs and employer sponsored retirement plansLifetime DistributionsAmericans with IRA plans are… …   Wikipedia

  • amount — The whole effect, substance, quantity, import, result, or significance. The sum of principal and interest. See also sum certain @ amount covered In insurance, the amount that is insured, and for which underwriters are liable for loss under a… …   Black's law dictionary

  • amount — The whole effect, substance, quantity, import, result, or significance. The sum of principal and interest. See also sum certain @ amount covered In insurance, the amount that is insured, and for which underwriters are liable for loss under a… …   Black's law dictionary

  • Required Cash — The total dollar amount that must be posted up front by the buyer to close a mortgage or to refinance an existing property. The required cash amount can include any of the following amounts if they are requested at closing: Any down payment… …   Investment dictionary

  • Amount Financed — The actual amount of credit made available to a borrower in a loan, as defined by Regulation Z disclosure requirements of the Truth In Lending Act. Specifically, it is the amount of the loan principal, less prepaid finance charges (loan… …   Investment dictionary

  • jurisdictional amount — Required amount involved in the particular case to give court jurisdiction, Shabotzky v. Massachusetts Mut. Life Ins. Co., D.C.N.Y., 21 F.Supp. 166, 167; sum of all claims that are properly joined, Gray v. Blight, C.A.Colo., 112 F.2d 696, 700;… …   Black's law dictionary

  • jurisdictional amount — Required amount involved in the particular case to give court jurisdiction, Shabotzky v. Massachusetts Mut. Life Ins. Co., D.C.N.Y., 21 F.Supp. 166, 167; sum of all claims that are properly joined, Gray v. Blight, C.A.Colo., 112 F.2d 696, 700;… …   Black's law dictionary

  • required supply rate (ammunition) — The amount of ammunition expressed in terms of rounds per weapon per day for ammunition items fired by weapons (and in terms of other units of measure per day for bulk allotment and other items) estimated to be required to sustain operations of… …   Military dictionary

  • Required Minimum Distribution - RMD — The amount that Traditional, SEP and SIMPLE IRA owners and qualified plan participants must begin distributing from their retirement accounts by April 1 following the year they reach age 70.5. RMD amounts must then be distributed each subsequent… …   Investment dictionary

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