☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Prudent Person Rule

The standard of care requiring a fiduciary to manage assets as a prudent person would manage their own affairs, with discretion and intelligence, seeking reasonable income and preservation of capital.

Etymology: Latin 'prudens' (foreseeing, sagacious), contracted from 'providens' · Category: Trust Law · Source: Harvard College v. Amory, 26 Mass. 446 (1830)
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