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 for the purpose of decreasing wear and tear on the turf or for the reason of fragile grass condition, etc.

 

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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

Overrule: Reversing a call from the linesperson, done by the umpire

Order Protection Rule: The order protection rule, part of Regulation NMS — for National Market System — adopted by the Securities and Exchange Commission (SEC) in 2005, requires that every stock trading center est . . . 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.

Prudent Man Rule: The prudent man rule is the basic standard a fiduciary, who is responsible for other people’s money, must meet. It mandates acting as a thoughtful and careful person would, given a particula . . . View Full Definition

Rule 144: Restricts solicitation of buyers to complete the sell order of an insider (unless the firm is already a buyer); signified by a flashing 'E' on Quotron.

Rule 14-D: Often used in risk arbitrage. Regulations and restrictions covering public tender offers and related disclosure requirements.

Rule 13-D: Often used in risk arbitrage. Requirement under Section 13-d of the Securities Act of 1934 that a form must be filed with the SEC within ten business days of acquiring direct or beneficial o . . . View Full Definition

Prudent-Man Rule: A common law standard against which those investing the money of others (fiduciaries) are judged.