prudent man rule en · NOUN
Meanings
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A standard for the duty of a fiduciary with responsibility over investments.
Prudent man rules also require that greater financial and legal responsibility be attached to any imprudent action by corporate officers.
2005, World Bank with International Monetary Fund, Financial sector assessment: a handbook, page 455:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| prudent man rules | Number=Plur | lexicographic |