Meanings
prepositional phrase
- businessOf a deal: concluded by the secretary of the stock exchange when the actual dealer has failed to do so.
No party shall be permitted to supply offers to buy or sell Securities closed for his account “under the rule.”
1908, New York Produce Exchange, Report, page 3491 more example
A contract which has not been fulfilled according to the terms thereof may be officially closed “under the rule” by the Secretary, or by a member of the Committee on Arrangements, as herein provided.
1931, Charles Harrison Meyer, The law of stockbrokers and stock exchanges, and of commodity brokers and commodity exchanges
Cite this entry
APA
under the rule. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/under%20the%20rule
MLA
“under the rule.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/under%20the%20rule. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “under the rule,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/under%20the%20rule.
Source: under the rule on Wiktionary, CC BY-SA 4.0.