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Meaning of under the rule | Babel Free

Noun CEFR C1

Definitions

Of a deal: concluded by the secretary of the stock exchange when the actual dealer has failed to do so.

Examples

“No party shall be permitted to supply offers to buy or sell Securities closed for his account “under the rule.””

“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.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

under the saya under the sheets under the stars under the sun under the surface under the table