My issue with this definition is how vague it is.
You first start by talking about marrying liberalism and minarchism. I assumed you meant that as an intro and less as a definition, but if you meant it as a definition, I would need to understand: what of liberalism and what of minarchy are you taking? Should I just take the Wikipedia definition and trust that you'll follow it?
You then said maximizing rights and freedoms of the individual, and minimize the size of the state.
The reason I think that is vague: what size is small enough? Some see States in modern Western nations as small, not intervening as much in personal matters compared to the 3rd world, and they offer many freedoms in comparison. But some view them as too big. If you left that up to the reader to decide, then some will call the US small enough, at least in its internal politics.
And then which rights are necessary? Some view the right to religion important, while others view the right to not have to deal with religion to be core, like in France recently not allowing hijabs in school. Is the right to hate speech required? Is the right to be noisy to my neighbor required? Who even decides and enforces that?