Meaning of “rule sth/sb out” in the English Dictionary

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"rule sth/sb out" in Business English

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rule sth/sb out

phrasal verb with rule uk /ruːl/ us verb

to decide or state that something is impossible or will not happen, or that something or someone is not suitable:

The management seems to have ruled him out as a candidate for promotion.
The CEO said she could not rule out further job cuts.
We would not rule out the possibility of re-entering the B2C market if conditions change.

(Definition of “rule sth/sb out” from the Cambridge Business English Dictionary © Cambridge University Press)