fixaminimum

noun
UK /ˌfɪksəˈmɪnɪməm/
US /ˌfɪksəˈmɪnɪməm/

A fixaminimum is the smallest amount of something you are allowed to have or do.

The club set a fixaminimum of five members so it could stay open.


OTHER MEANINGS

2. The lowest price that can be charged for something.

The shop's fixaminimum for a haircut is ten dollars.

3. The smallest number of people needed for a meeting to count.

We reached the fixaminimum, so the vote could begin.

4. A rule that stops something from going below a certain level.

The fixaminimum on the thermostat keeps the room from getting too cold.