n-person rule
1prudent person rule — The requirement that a trustee, a city or county treasurer, an investment manager of pension funds, or any fiduciary (a trusted agent) must invest funds with discretion, care, and intelligence. Investments that are generally within the prudent… …
2Prudent-Person Rule — A legal maxim restricting the discretion in a client s account to investments that a prudent person seeking reasonable income and preservation of capital might buy for his or her own portfolio. Also called the prudent man rule . This rule is… …
3two-person rule — A system designed to prohibit access by an individual to nuclear weapons and certain designated components by requiring the presence at all times of at least two authorized persons, each capable of detecting incorrect or unauthorized procedures… …
4rule in Shelley's Case — rule in Shel·ley s case / she lēz / often cap R [from Wolfe v. Shelley, a 1581 English case invoking the rule]: a former common law rule that converted a life estate of an ancestor into an estate in fee and destroyed the remainder to the heirs… …
5Rule of Saint Francis — Rule of Saint Francis † Catholic Encyclopedia ► Rule of Saint Francis As known, St. Francis founded three orders and gave each of them a special rule. Here only the rule of the first order is to be considered, i.e., that of the Friars …
6rule against perpetuities — often cap R&P: a common law rule stating that in order for a future interest to be good it must vest after its creation (as at the death of a testator) within a life in being or lives in being plus 21 years plus the period of gestation of any… …
7Rule by decree — is a style of governance allowing quick, unchallenged creation of law by a single person or group, and is used primarily by dictators and absolute monarchs, although philosophers such as Giorgio Agamben have argued that it has been generalized… …
8rule — 1 n 1 a: a prescribed guide for conduct or action b: a regulating principle or precept 2 a: an order or directive issued by a court in a particular proceeding esp. upon petition of a party to the proceeding that commands an officer or party to… …
9Rule 144 — USA An SEC rule that permits resales or secondary distributions of restricted securities and control securities. Rule 144 of the Securities Act provides that a compliant resale does not involve a distribution of securities. So, a person complying …
10Person — Per son, n. [OE. persone, persoun, person, parson, OF. persone, F. personne, L. persona a mask (used by actors), a personage, part, a person, fr. personare to sound through; per + sonare to sound. See {Per }, and cf. {Parson}.] 1. A character or… …
