De minimis definition

De minimis means an amount small enough as to make not accounting for it commercially reasonable or accounting for it administratively impractical, in each case as determined by the Managing Member.
De minimis means the seller's purchase price or sales price of the taxable products is ten percent or less of the total purchase price or sales price of the bundled products.
De minimis activity means the dredging of less than 2 cubic yards in a calendar year from a specific waterbody or disturbance of bottom material during the manual removal of aquatic plants that meet the requirements of s. NR 109.06(2), Wis. Adm. Code.

Examples of De minimis in a sentence

  • If De minimis applies the award of Xxxxx will be conditional upon the receipt by the Authority of the declaration form in Annex 5.

  • The Grant is awarded on the basis that it is outside the scope of the Trade and Co-operation Agreement by virtue of Article 3.2(4) of Title XI of that Agreement, it may be subject to the conditions set out in the De minimis Schedule in these Conditions.


More Definitions of De minimis

De minimis means a person who extracts, for domestic purposes, two acre-feet or less per year, as defined in SGMA.
De minimis means an amount small enough as to make not accounting for it commercially reasonable or accounting for it administratively impractical, in each case as determined by the General Partner.
De minimis means an insignificant interest that does not raise reasonable question as to a judge's impartiality or use of the prestige of the office.
De minimis means that quantity of regulated substance which is described by one of the following:
De minimis means the vendor's or seller's purchase price or sales price of taxable products is ten per cent or less of the total purchase price or sales price of bundled products. Vendors and sellers shall use either the purchase price or the sales price of the products to determine if the taxable products are de minimis, and shall use the full term of a service contract to determine if the taxable products are de minimis. Vendors and sellers shall not use a combination of the purchase price and sales price of the products to determine if the taxable products are de minimis.
De minimis means an amount less than 15% of the land area
De minimis means that any corporation, pension or investment fund, limited liability company, or limited partnership that directly or indirectly owns, acquires, or otherwise obtains any interest in 40 acres or less of agricultural land and annually receives less than $150 per acre in gross revenue from rental or agricultural production.