Glossary
Hard limit
A hard limit is the bound in an investment rule whose crossing is a breach, unlike a warning limit, which only signals the approach.
A hard limit is the number the policy actually sets: a maximum, a minimum, or both. Crossing it is a breach that has to be recorded, reported and resolved. Policies sometimes call it the policy limit, the cap or the hard stop.
The boundary needs care. Many limits are written “no more than”, so a value exactly at the limit complies and anything above it breaches. Where a rule states an approved tolerance, a value may pass the bound by that small margin before it counts as a breach.
In Acclimetry, each rule version holds a hard minimum and maximum, an optional tolerance and optional warning bounds. Beyond the hard bound, the result is a breach with reason code ABOVE_HARD_MAXIMUM or BELOW_HARD_MINIMUM. Example: cash at exactly a 10% maximum is compliant with zero headroom; 10.001% is a breach.
See also
Sources
- Acclimetry rule-template registry (32 templates, methodology options, reason codes and 108 engine-checked cases; backend commit 8197063) · cite only · Read on12 October 2026