SAFE HARBOR RULE Definition

Bookmark and Share

SAFE HARBOR RULE is a concept in statutes and regulations whereby a person who meets listed requirements will be preserved from adverse legal action. Frequently, safe harbors are used where a legal requirement is somewhat ambiguous and carries a risk of punishment for an unintended violation.

Learn new Accounting Terms

PROPORTIANATE UNIT CONCEPT is where a value or distribution is agreeing in amount, magnitude, or degree, e.g. a shareholder holding 1% outstanding shares of an entity is entitled to receive 1% of that entities declared dividend, i.e. it is in proportion.

MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.