The term "minimum" refers to the smallest amount or lowest level of something that is acceptable or required. It is often used in various contexts, such as mathematics, where it denotes the least value in a set of numbers, or in regulations, where it indicates the least standard that must be met. In everyday life, minimums can apply to many situations, such as the minimum wage that workers must be paid or the minimum age required to participate in certain activities. Understanding minimums helps ensure compliance with laws and standards, promoting fairness and safety in society.