HomeDefinitionsCompareDebt Ten Day RuleThe financial definition for Ten Day Rule:The New York Stock Exchange rule permitting member firms (brokers) to vote in favor of management ten days or less before the meeting, provided that the member firm mailed proxy material to beneficial owners at least 15 business days before the meeting. The rule allows many shares to be voted, which would otherwise not be, to reach a quorum, approve the choice of directors and auditors and handle other routine matters. This rule does not apply to banks, their nominees or their depository positions, nor to non-routine proposals such as approval for the corporation to issue more shares. Similar Matches20% cushion rule20% cushion ruleGuideline that revenues from facilities financed by municipal bonds should exceed the operating budget plus maintenance costs and debt service by at least 20% to allow for unforeseen expenses. 48 hour rule48 hour rulePSA Uniform Practices requirement that all pool information in a to be announced (TBA) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48 hours prior to the agreed-upon to be announced (TBA). Administrative pricing rulesAdministrative pricing rulesIRS rules used to allocate income on export sales to a foreign sales corporation. Further SuggestionsAllocation of income rulesBasic IRR rule Discounted payback period rule Equal percentage contribution rule (EPCoR) Five percent rule Income exclusion rule Net present value rule Click to compare definitions of Ten Day Rule Click to view definitions beginning te |