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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 also

prudent; wise Prudente Prudential prudentialism prudentialist prudentiality