Prudent

  • 61Prudent Investor Act — A U.S. law that sets the standard of fiduciary duty for those entrusted with the responsibility of managing others money, such as trustees and estate administrators. It requires that a trustee weigh risk versus reward when making investment… …

    Investment dictionary

  • 62Prudent Investor Rule — A guideline that requires a fiduciary to invest trust assets as if they were his own. The managing investor should consider the needs of the trust s beneficiaries, the provision of regular income, and the preservation of trust assets and should… …

    Investment dictionary

  • 63prudent man — See the ordinary prudent man. prudent man rule. The rule that one taking a negotiable instrument from the payee or prior endorsee is put upon inquiry as to infirmity or defect in the instrument by circumstances calculated to arouse the suspicions …

    Ballentine's law dictionary

  • 64PRUDENT, ENTE — adj. Qui a de la prudence, qui est doué de prudence. C’est un homme très prudent, une femme très prudente. Il se dit aussi de la Conduite dans les affaires du monde et dans les choses qui y ont rapport. Il a tenu une conduite prudente dans cette… …

    Dictionnaire de l'Academie Francaise, 8eme edition (1935)

  • 65Prudent Carpentier — Pour les articles homonymes, voir Carpentier. Sommaire 1 Biographie 2 Voir aussi 2.1 Artic …

    Wikipédia en Français

  • 66Prudent-Person Rule — A legal maxim restricting the discretion in a client s account to investments that a prudent person seeking reasonable income and preservation of capital might buy for his or her own portfolio. Also called the prudent man rule . This rule is… …

    Investment dictionary

  • 67prudent operator rule — The rule that a stipulation in an oil and gas lease on a royalty basis that development shall be at the discretion of the lessee does not leave development to the uncontrolled will of the lessee, he being required to do by way of development that …

    Ballentine's law dictionary

  • 68prudent insurer — A theoretical insurer who needs to know all the material facts before entering into a contract of insurance. The insured must not conceal any information that a prudent insurer would need to know in assessing a risk …

    Big dictionary of business and management

  • 69prudent-man rule — A US criterion for managing investments, especially in relation to pensions, that is designed to avoid reckless speculation. It requires that a fiduciary behave as a notional prudent man or woman would when making an investment …

    Big dictionary of business and management

  • 70prudent-man rule —  U.S. legal standard for the actions of someone charged with investing funds in trust for others. The administrator of the funds is expected to ask, “Would a prudent man or woman make this investment?” …

    American business jargon