The New York Stock Exchange started out as a coffee house.
preceptive (comparative more preceptive, superlative most preceptive)
(legal) Of, pertaining to, or based on precepts
instructive; didactic
• perceptive
Source: Wiktionary
Pre*cep"tive, a. Etym: [L. praeceptivus.]
Definition: Containing or giving precepts; of the nature of precepts; didactic; as, the preceptive parts of the Scriptures. The lesson given us here is preceptive to us. L'Estrange.
Source: Webster’s Unabridged Dictionary 1913 Edition
16 January 2025
(noun) a collection of rules or prescribed standards on the basis of which decisions are made; “they run things by the book around here”
The New York Stock Exchange started out as a coffee house.