| 单词 | prudent_man_rule |
| 释义 | Prudent-man rule A rule set forth in the Uniform Prudent Investor Act that states that a fiduciary trustee has the legal obligation to invest and manage trust assets as a prudent person would, taking into account, among other factors, general economic conditions, risk, and liquidity requirements in an attempt to create a portfolio or investment strategy with objectives suited to the trust. |
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