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rule in

To decide definitively that something will or can possibly happen. (Used especially—and somewhat redundantly—in the phrase "not ruled in or ruled out.") Look, nothing has been ruled in or ruled out at this stage, so we just have to wait until the doctors have more information to work with. We'll neither rule in nor rule out the possibility of a shakeup in management if this branch's profits continue to fall.
See also: rule

rule OK

To be the best; to be the most dominant or in control; to be the most favoured or supported by the public. (Used originally in relation to football clubs or local gangs in graffiti writing.) Primarily heard in UK. Someone had come with a can of black spray paint and crossed out the big "Leeds Rules OK" that was painted on the side of the school. But in this part of the country, the conservatives rule OK with almost no opposition.
See also: OK, rule
References in periodicals archive ?
In a brief amicus curiae filed with the Supreme Court of the United States, Tax Executives Institute called revenue rulings mere litigating positions of the Internal Revenue Service that are not entitled to deference by the courts.
For example, as part of a ruling request a taxpayer demonstrates compliance with the statutory requirements for a merger.
The ruling held that Newco could amortize the cost of the goodwill acquired in the purchase of assets from X.
1) the ruling involves a controlling question of law or policy as to which substantial grounds exist for a difference of opinion;
that Correll] upheld an interpretative regulation rather than an interpretive ruling.
Private letter rulings and technical advice memorandums issued after October 31, 1976.
1362(b)(5) and could file an S election within 60 days of the ruling.
The "Holding" segment of the ruling provides that training costs are generally deductible under section 162.
Another ruling (30) dealt with a parent-subsidiary consolidated group converted to S-QSub status.
The proposed ethics ruling under Rule 201, "General Standards," and Rule 202, "Compliance With Standards," clarifies the application of Rules 201 and 202 to members who use a third-party service provider in providing professional services to clients, and makes clear the committee's position that the member is responsible for all work performed by the service provider.
The ruling also enjoined all school-organized or officially sanctioned religious activities in classrooms or over the schools' public address systems, including vocal prayer and Bible reading.
In a highly technical ruling earlier this year, the WTO distinguished exceptions to general tax rules from tax exemptions that result from a general rule of taxation -- the former constituting a subsidy; the latter not.
2003-43, (3) which grants S corporations, qualified subchapter S subsidiaries (QSubs), ESBTs and QSSTs a 24-month extension to file Form 2553, Election by a Small Business Corporation, Form 8869, Qualified Subchapter S Subsidiary Election, or a trust election, without obtaining a letter ruling.
Although the final regulations have the practical effect of obsoleting inconsistent rulings even without the need for affirmative action by IRS, formally removing the old rulings will prevent unnecessary and frustrating discussions and debates over the continuing validity of a particular ruling.
On December 7 the IRS issued revenue ruling 90-105, which changed the deductibility of 401(k) contributions made after yearend.