Business, Legal & Accounting Glossary
adj. (dee-minnie-miss) Latin for “of minimum importance” or “trifling.” Essentially it refers to something or a difference that is so little, small, minuscule or tiny that the law does not refer to it and will not consider it. In a million dollar deal, a $10 mistake is de minimis.
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This glossary post was last updated: 27th April, 2020 | 3 Views.