What is the definition of Prudent person doctrine? | Dictionary.net

PRUDENT PERSON DOCTRINE

\pɹˈuːdənt pˈɜːsən dˈɒktɹɪn], \pɹˈuːdənt pˈɜːsən dˈɒktɹɪn], \p_ɹ_ˈuː_d_ə_n_t p_ˈɜː_s_ə_n d_ˈɒ_k_t_ɹ_ɪ_n]\

Definitions of PRUDENT PERSON DOCTRINE

1910 - Black's Law Dictionary (2nd edition)

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a rule where the estate's trustee will only invest the finds of the estate in low risk and safe investments.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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