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  • Minimum wage law — is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.[1] Until recently, minimum wage… …   Wikipedia

  • Minimum distance estimation — (MDE) is a statistical method for fitting a mathematical model to data, usually the empirical distribution. Contents 1 Definition 2 Statistics used in estimation 2.1 Chi square criterion …   Wikipedia

  • minimum wage — ➔ wage * * * minimum wage UK US noun [C, usually singular] ECONOMICS ► the lowest amount that employers can legally pay employees: »He earns the minimum wage of $5.50 an hour. above/below the minimum wage »30,000 workers were still being paid… …   Financial and business terms

  • Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

  • Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) …   Wikipedia

  • Minimum Foundation Program — In Louisiana, the Minimum Foundation Program is the formula that determines the cost to educate students at public elementary and secondary schools and defines state and local funding contributions to each district. Education officials often use… …   Wikipedia

  • Minimum phase — In control theory and signal processing, a linear, time invariant system is said to be minimum phase if the system and its inverse are causal and stable.[1][2] For example, a discrete time system with rational transfer function H(z) can only… …   Wikipedia

  • Minimum total potential energy principle — The principle of minimum total potential energy is a fundamental concept used in physics, chemistry, biology, and engineering. It asserts that a structure or body shall deform or displace to a position that minimizes the total potential energy,… …   Wikipedia

  • Minimum railway curve radius — 90 foot (27.43 m) radii on the elevated 4 ft 8 1⁄2 in (1,435 mm) Chicago L . There is no room for longer radii at this street intersection The minimum railway curve radius, the shortest design radius, has an… …   Wikipedia

  • Minimum crossing altitude — In aviation, a minimum crossing altitude, or MCA, is the lowest altitude at which a navigational fix can be crossed when entering or continuing along an airway that will allow an aircraft to clear all obstacles while carrying out a normal climb… …   Wikipedia

  • Minimum Balance — The minimum dollar amount that a customer must have in an account in order to receive some sort of service, such as keeping the account open or receive interest. There can be more than one minimum balance for the same account. For example, a… …   Investment dictionary

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