prudent man rule

noun

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

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Meanings

nounprudent man rule (plural prudent man rules)

plural prudent man rules

  1. businessA 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
Cite this entry
APA

prudent man rule. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/prudent%20man%20rule

MLA

“prudent man rule.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/prudent%20man%20rule. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “prudent man rule,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/prudent%20man%20rule.

Source: prudent man rule on Wiktionary, CC BY-SA 4.0.