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Home > QFINANCE Dictionary > Definition of prudent

Definition of

prudent

Finance

careful and sensible about money careful and exercising good judgment, especially in financial matters

prudent - Related Articles
  • Product Taxonomy: A Key Tool for Understanding Risk–Return Within the Banking Framework

    Best Practice

    Apart from increased transparency and investor due diligence, more stringent regulatory capital requirements, and ongoing stress-testing of banks, some regulatory voices have recently been much more centered around product control, model risk, and prudent valuation.
    By Markus Krebsz

  • Cook Islands

    QFINANCE Country Profiles

    have rekindled investment and growth. In the 2008–2009 Budget, Finance Minister, Sir Terepai Maoate, said that the country’s Standard and Poor’s rating had improved from BB− to BB, with a positive outlook over the year as a result of prudent fiscal management. The government’s goal is to provide a

  • Brunei

    QFINANCE Country Profiles

    adopted a prudent fiscal strategy to save oil revenues for future generations, mainly through the General Reserve Fund managed by the Brunei Investment Agency (BIA).

  • Tunisia

    QFINANCE Country Profiles

    Governmental control of economic affairs, while still significant, has gradually lessened over the past decade, with increasing privatization, simplification of the tax structure, and a prudent approach to debt. Progressive social policies have also helped to raise living conditions in Tunisia

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Definitions of ’prudent’ and meaning of ’prudent’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’prudent’ and other financial terms with our online QFINANCE Financial Dictionary.

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