Minimum purchases

Minimum purchases

For mutual funds, the amount required to open a new account (Minimum Initial Purchase) or to deposit into an existing account (Minimum Additional Purchase). These minimums may be lowered for buyers participating in an automatic purchase plan

Minimum Purchases

The minimum amount one may invest in a mutual fund should one decide to buy shares. For example, a mutual fund may set a minimum purchase of $1000 in order to make the purchase of shares worth the effort for the company managing the fund while still keeping shares affordable for most investors.
References in periodicals archive ?
In addition, Ovation Pharma has agreed to certain upfront minimum purchases of CIRCUMserum based upon an agreed upon transfer price and yearly minimum purchases.
Chiesi has also committed certain minimum purchases during the period of the deal.
The company signed a contract with VG Energy on September 20,2011 which is exclusive to both parties in defined areas of the UK, and subject to minimum purchases of USD5m by VG over the next 15 months.
It also characterized the obligation to repay amounts if minimum purchases were not made as a contingent repayment obligation that would not operate to defer income recognition.
A warning also came today that the Government might have to introduce a system of "minimum purchases" to stop panic-buying.
The approval is subject to certain conditions, including the accessibility of the distribution network to competitors, minimum purchases from Polish hop suppliers and the maintenance of the Polish beer brands involved.

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