De Minimis

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De Minimis

An abbreviated form of the Latin Maxim de minimis non curat lex, "the law cares not for small things." A legal doctrine by which a court refuses to consider trifling matters.

In a lawsuit, a court applies the de minimis doctrine to avoid the resolution of trivial matters that are not worthy of judicial scrutiny. Its application sometimes results in the dismissal of an action, particularly when the only redress sought is for a nominal sum, such as one dollar. Appellate courts also use the de minimis doctrine when appropriate.

de minimis

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.

References in periodicals archive ?
The upgrade is based on the deminimus amount remaining in class B-3 and the likelihood of full payment.
The impact of this increase was deminimus for the first two quarters of fiscal 2003, but is anticipated to have a positive impact on revenue and gross profit during the fiscal third and fourth quarters.
After review of the shortfalls and the expenses payable to the trust, Fitch removed these classes from RWN when the amounts were determined to be deminimus and one-time occurrences.
In 2003, we expect a deminimus contribution to earnings.
The interest shortfalls are deemed by Fitch to be a deminimus amount and are not expected to recur.
Of the mortgaged properties, 81 percent are single-family properties or deminimus planned unit developments, 13 percent are two- to four-family units and 5 percent are condominiums.
The interest shortfalls are deemed by Fitch to be a deminimus amount, with losses as a percentage of principal and interest ranging from 0.
Of the mortgaged properties, 97 percent are single-family properties or deminimus planned unit developments and 3 percent are condominiums.
We are particularly pleased that the final margins for Korea and Taiwan increased over the deminimus levels contained in the previous preliminary determination," he continues.
Of the mortgaged properties, 97 percent are single-family properties, or deminimus planned unit developments, and 2 percent are condominiums.