prudent investment — noun : investment valuation especially for rate making purposes (as of a public utility) on the basis of original cost subject to adjustment for unwise investment decision as distinguished from cost of reproduction … Useful english dictionary
prudent investment theory — The theory, sometimes applied in the earlier days of public utility rate regulation, that a public utility is entitled to a return based only on its actual sacrifice, represented by the amount of capital prudently put into the business. 43 Am… … Ballentine's law dictionary
Prudent Investor Rule — A guideline that requires a fiduciary to invest trust assets as if they were his own. The managing investor should consider the needs of the trust s beneficiaries, the provision of regular income, and the preservation of trust assets and should… … Investment dictionary
prudent person rule — The requirement that a trustee, a city or county treasurer, an investment manager of pension funds, or any fiduciary (a trusted agent) must invest funds with discretion, care, and intelligence. Investments that are generally within the prudent… … Law dictionary
prudent man rule — n: a rule giving discretion to a fiduciary and esp. a trustee to manage another s affairs and invest another s money with such skill and care as a person of ordinary prudence and intelligence would use in managing his or her own affairs or… … Law dictionary
Prudent Beaudry — (1818 ndash; 1893) served as mayor of Los Angeles, California from 1874 to 1876. A native of Quebec, he was the second French American mayor of Los Angeles, after Damien Marchessault.A street in downtown Los Angeles is named after… … Wikipedia
prudent — 1 judicious, sensible, sane, *wise, sage, sapient Analogous words: *intelligent, brilliant, bright, smart, alert: *shrewd, perspicacious, sagacious, astute: disciplined, schooled (see TEACH) 2 provident, foresighted, forethoughtful, discreet (see … New Dictionary of Synonyms
Investment Dar — is a Kuwaiti shareholding company founded in October 1994 with a declared capital of KWD 22.752 million (USD$ 83,340,660). The company’s success is built on a three tier long term strategy focused on clear vision and prudent policies. [… … Wikipedia
Prudent man rule — The Prudent Man Rule is based on common law stemming from the 1830 Massachusetts court decision Harvard College v. Armory, 9 Pick. (26 Mass.) 446, 461 (1830). The Prudent Man Rule directs trustees to observe how men of prudence, discretion and… … Wikipedia
Prudent Investor Act — A U.S. law that sets the standard of fiduciary duty for those entrusted with the responsibility of managing others money, such as trustees and estate administrators. It requires that a trustee weigh risk versus reward when making investment… … Investment dictionary
