What does prudent mean in law?

good judgmentto use good judgment, be wise, sensible and reasonably cautious.

What is an example of prudent?

The definition of prudent is someone who has good judgment and is careful and practical. An example of prudent is someone who consults with a financial advisor before investing money. adjective.

What is a prudent verdict?

If you show good and careful judgment when handling practical matters, you can be described as prudent. Similarly, a wise and well-thought-through decision or action can be called prudent.

What does prudent mean in sentence?

: having or showing careful good judgment. He always listened to her prudent advice. You made a prudent choice/decision. She’s a prudent investor.

Which best describes the prudent person rule?

The prudent-person rule is a legal principle that is used to restrict the choices of the financial manager of an account to the types of investments that a person seeking reasonable income and preservation of capital might buy for their own portfolio.

What’s the difference between wise and prudent?

is that wise is showing good judgement or the benefit of experience while prudent is sagacious in adapting means to ends; circumspect in action, or in determining any line of conduct; careful, discreet, sensible; — opposed to rash; directed by prudence or wise forethought; evincing prudence;.

How can I be prudent?

Prudence means being careful about your choices, stopping and thinking before acting. It is a strength of restraint. When you are prudent, you are not taking unnecessary risks, and not saying or doing things that you might later regret.

What is prudent research?

It is the first of seven articles, each building upon the quality of prudence to apply good judgment and common sense in research. The concept of prudent thinking can be defined as “provident care in the management of resources; economy; frugality” (Dictionary.com, 2019, para 4).

What is prudent leadership?

Being prudent means you understand priorities, what’s important in the long term and what behaviors make all this happen. Leaders who understand how to make the right call in all situations take on the persona of a wise leader.