In relation to royalty payments, a minimum guarantee, often referred to as an "M.G." is a minimum payment that a licensee guarantees they will pay to the licensor regardless of performance.

On Monday, Congress president Rahul Gandhi promised a minimum income guarantee for every poor person if the party won the 2019 elections. The Modi administration is also reportedly preparing to ...

Foodtech startup Zomato has recently introduced a weekly ‘minimum guarantee’ payout for delivery partners, which is currently being tested in Delhi The ‘weekly payout’ structure ensures a ...