1. The least possible quantity or degree. 2. The lowest degree or amount reached or recorded; the lower limit of variation. 3. A lower limit permitted by law or other authority. 4. A sum of money set by a nightclub or restaurant as the least amount each patron must spend on food and drink. 5. The smallest number in a finite set of numbers. 6. A value of a function that is less than any other value of the function over a specific interval. 7. Of, consisting of, or representing the lowest possible amount or degree permissible or attainable.