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What does derisory mean?

Looking for the meaning or definition of the word derisory? Here's what it means.

Adjective
  1. Laughably small or inadequate.
  2. derisive; laughable; ridiculous
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Examples
Meanwhile, 300 members of middle management are demanding an improvement in what they term a derisory 1 per cent pay offer.
Millions of savers have money in deposit accounts that pay derisory rates of interest.
We wanted to picket to raise awareness that we are not prepared to accept the derisory pay offer that has been imposed on us.
Last year we received a derisory four per cent increase in the fees paid by the council.
Any money you do save will remain in accounts that pay derisory rates of interest.
The company's derisory offer of a 1 percent pay rise has been overwhelmingly rejected by the workforce, who are demanding a rise of 3 percent.

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