In New York and most other states, anyone entrusted with managing another person's money must follow the " prudent man " rule.
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At a time when more prudent men looked the other way, there were a few, a very few, who had the greatness to act.
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I do all those things a prudent man would do, " he said Tuesday on CNN's " Larry King Live ."
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The modern interpretation of the " Prudent Man Rule " goes beyond the assessment of each asset individually to include the concept of due diligence and diversification.
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It's now clearly not a breach of the ` prudent man'law, and some of these funds have proven they can perform ."
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I hold that the bank failed in its duty whether it is judged by the standard of the prudent man of business or of the skilled trust corporation.
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A prudent man takes evasive action, so I ate a lot of the time in the agreeable little Lebanese restaurants that you used to find in African cities.
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The Prudent Man Rule in its broader interpretations implies that the fiduciary should perform enough due diligence to ensure that the company meets the investment needs of the investors.
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And in doing so they must use such caution as a reasonably prudent man would with reference to transactions in which he may be engaged of a similar nature.
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An ordinary prudent man having no special knowledge of the value of house property, might well act on this advice, and see no reason for distrusting it.
How to say prudent man in Hindi and what is the meaning of prudent man in Hindi? prudent man Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
