What is the prudent meaning?

The prudent meaning of “responsible” is the one that avoids risk while also generating a reasonable return. It is a careful and cautious approach to money matters, one that avoids making impulsive or ill-considered decisions. It is the opposite of the greedy or reckless meaning. It recognizes that making a profit is not always the highest priority in every situation. Sometimes, the most important thing is to make the most of what you have while ensuring that you don’t

What is the prudent word?

The word ‘prudent’ can have several different meanings. For example, if I say, “I invested all my money in a bank that paid out only 10% interest, I made a prudent decision.” The money I earned was a small fraction of what I had, so it made sense to put it in an investment that would grow slowly but steadily. However, that still left me with $30,000. I could have put that money in a savings account

What is the meaning of the prudent word?

Using the dictionary, we can see that the word "prudent" can have different meanings, such as wise, careful, cautious, practical or wise. This example of a dictionary entry shows that prudence also has a legal meaning. The law defines "prudence" as "the quality of acting reasonably under the circumstances; practical wisdom; avoiding unnecessary danger or loss; the ability to make sound decisions."

What is the prudent term?

The investment industry uses the term “prudent”, although it’s not always clear what they mean. If I say, “I invested $100,000 in a mutual fund that has an annual return of 10%”, you might think that’s pretty good. But if that fund has an annual expense ratio of 1.5%, that means you’re keeping just $7,500. So, in that case, you could call your