Related Words

Advisory Letter: A newsletter offering financial advice to its readers.

Opinion Letter: A written document issued by government agencies used to provide a ruling on a particular issue.

No-Action Letter: A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity.

Private Letter Ruling: A private letter ruling explains a position the Internal Revenue Service (IRS) has taken on a specific issue or action that affects the amount of income tax a taxpayer owes. While these ruli . . . View Full Definition

National Market Advisory Board: Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges.

Public Health Advisory: A statement made by ATSDR to EPA or a state regulatory agency that a release of hazardous substances poses an immediate threat to human health. The advisory includes recommended measures to . . . View Full Definition

Put Guarantee Letter: A bank's letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required.

National Agricultural Research Extension Education And Economics Advisory Board: A 30-member board established by the FAIR Act of 1996 to replace three previous advisory committees. The Board advises USDA on national priorities and policies related to agricultural resear . . . View Full Definition

Letterwinner: A player who has been awarded a 'letter' for excellence in an activity, especially a varsity sport. The specific requirements vary by school and by sport.

Local-State Governmental Advisory Committee (LSGAC): An FCC-established group that is working on an antenna-siting solution. The LSGAC will advise carriers and communities on antenna siting.