Involving or showing care and forethought, especially in business: the US prudential rules prevented banks from lending more than fifteen per cent of their capital to any one borrower
More example sentences
- Unfortunately, within the Government's rules, prudential borrowing would not provide the solution to our problems.
- Even in his first five years of supposedly prudential stewardship, his new regulations cost British business a total of £15.6bn.
- The performance is creditworthy in view of the absorption of overhang problems by public sector banks and tightening of prudential norms for the banks.
late Middle English: from prudent, on the pattern of words such as evidential.
- More example sentences
- But, unless that turns out to be the case, I still think that the strategy has been both prudentially and morally correct in this case.
- One's attitude to the law in such circumstances has to be entirely instrumental - it has to be reckoned with as a force, and used prudentially, but we cannot afford to rely on such means.
- Had UMP been prudentially regulated, the company would have funded these liabilities by law.
Definition of prudential in:
- The US English dictionary