Basic IRR Rule: Accept the project if IRR is higher than the discount rate; reject the project if it is lower than the discount rate. It is wise to also consider net present value for project evaluation.

 

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Basic IRR Rule: Accept the project if IRR is higher than the discount rate; reject the project if it is lower than the discount rate. It is wise to also consider net present value for project evaluation.

Nonbasic Commodities: Commodities other than basic commodities for which USDA is authorized to provide price support in permanent law. This includes soybeans and other oilseeds, milk, sugar beets, and sugarcane.

Nondiscrimination Rule: All qualified retirement plans, including 401(k) plans, must follow nondiscrimination rules. Among other things, the rules prevent highly paid employees from receiving more generous benefits . . . View Full Definition

No-Loss Rule: If a real estate transaction qualifiies as an exchange, no loss can be recognized.

No-Choice Rule: If a real estate transaction qualifies as an exchange, it must be treated as an exchange. An exchanger who qualifies for the 1031 tax-deferred exchange has no choice, they cannot recognize t . . . View Full Definition

Nine-Bond Rule: An NYSE rule requiring that orders for nine bonds or fewer stay on the floor for one hour to seek a market.

Ninety Degree Rule: (also '90° rule, 90 degree rule') a practice where golf cars are allowed to drive on the fairway, or away from the cart paths, only perpendicularly (90°) to the hole being played, usually fo . . . View Full Definition

Octet Rule: A guideline for building Lewis structures that states that atoms tend to gain, lose, or share valence electrons with other atoms in a molecule until they hold or share eight valence electron . . . View Full Definition

One-Share-One-Vote Rule: The principle that all shareholders should have equal voting rights in public companies and each shareholder should have one vote.

Parol Evidence Rule: A rule of evidence providing that a written agreement is the final expression of the agreement of the parties, not to be modified by oral or written negotiations.