Statutory Minimum
/ˈstætʃəˌtɔːri ˈmɪnɪməm/
Definitions
- (n.) The minimum level or requirement prescribed by statute that must be met or exceeded.
Employees must be paid at least the statutory minimum wage as mandated by law.
- (n.) The lowest permissible amount established by law for obligations, penalties, or benefits.
The court imposed the statutory minimum sentence for the offense.
Forms
- statutory minimum
- statutory minimums
Related terms
See also
Commentary
Used to denote legally fixed minimums set by statute; distinguish from contractual minimums or common law minimums.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.