Meaning / Definition of
Prudence
Categories: Business and Management, Bonds and Treasuries,
Aside from its usual general meaning of carefulness in judgment and decision-making, prudence particularly refers to caution in commercial/financial/economic risk-taking, and to the typically great caution exercised by financial folk (accountants and bankers notably) in planning, budgeting, forecasting, granting loans, extending credit, defining standards and policies, and accounting practice as a whole, etc.
Featured term of the day
Definition / Meaning of
Employee Retirement Income Security Act Section 404(c)
Categories: Insurance,
removed
Most popular terms
1. Employer Sponsored Retirement Plan2. Pension Protection Act Of 2006
3. Concurrent Causation
4. 403(b)
5. Dirty Bomb
6. Target Date Fund
7. Mere Descriptiveness
8. Beta
9. Section 9 Renewal Application
10. Direct Action
Search a term
Browse by alphabet
A | B | C | D | E | F | G |
H | I | J | K | L | M | N |
O | P | Q | R | S | T | U |
V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital