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Meaning of prudent man rule | Babel Free

Noun CEFR C1

Definitions

A standard for the duty of a fiduciary with responsibility over investments.

Examples

“Prudent man rules also require⟳ that greater financial and legal responsibility be attached to any imprudent action by corporate officers.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

prudent; wise Prudente Prudential prudentialism prudentialist prudentiality

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