Hello, you have come here looking for the meaning of the word
prudent man rule. In DICTIOUS you will not only get to know all the dictionary meanings for the word
prudent man rule, but we will also tell you about its etymology, its characteristics and you will know how to say
prudent man rule in singular and plural. Everything you need to know about the word
prudent man rule you have here. The definition of the word
prudent man rule will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
prudent man rule, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
prudent man rule (plural prudent man rules)
- (law, investment) A standard for the duty of a fiduciary with responsibility over investments.
2005, World Bank with International Monetary Fund, Financial sector assessment: a handbook, page 455:Prudent man rules also require that greater financial and legal responsibility be attached to any imprudent action by corporate officers.
Quotations