prudent man rule
(redirected from American Rule)

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prudent man rule n. the requirement that a trustee, investment manager of pension funds, treasurer of a city or county, or any fiduciary (a trusted agent) must only invest funds entrusted to him/her as would a person of prudence, i.e. with discretion, care and intelligence. Thus solid "blue chip" securities, secured loans, federally guaranteed mortgages, treasury certificates, and other conservative investments providing a reasonable return are within the prudent man rule. Some states have statutes which list the types of investments allowable under the rule. Unfortunately, the rule is subjective, and some financial managers have put funds into speculative investments to achieve higher rates of return, which has resulted in bankruptcy and disaster as in the case of Orange County, California (1994). (See: fiduciary, trustee)

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No references found			In 1933 he began his efforts on behalf of baseball by convincing 18 teams in the Liverpool area then playing under English baseball's code to adopt the American rules. Wells and Moores in baseball's Hall of Fame by Liverpool Echo (Liverpool, England) Another advantage enjoyed by domestic funds, at least in the eyes of many Chinese, is that they don't need to hew to American rules. CHINA'S HOMEGROWN PRIVATE EQUITY by Frederik Balfour / BusinessWeek The text begins in the 18th century when the Spanish began colonizing the area and follows Tejano culture and into the era of American rule following Texas' war for independence from Mexico in 1836. Mexican Americans in Texas; a brief history, 3d ed by Reference & Research Book News			amend by removing Amende honorable amended complaint amended pleading amending amendment amends amenities amenity amentia amerce amercement Amerciament amercing American Association of Retired Persons American Bankers Association American Bar Association American Civil Liberties Union American Depository Receipt American Farm Bureau Federation American Federation of Labor—Congress of Industrial Organizations American Indian Movement American Israel Public Affairs Committee American Legion American Medical Association American Rule Ames, James Barr Ames, Samuel Ami amiability amiable amicability amicable Amicable action amicire amicus curiae amid amidst amiss Amistad Mutiny Amita amittere amity ammassment ammount accrued ammunition amnesty Amnesty International amoenitas among amoral			American Rock Art Research Association American rock brake American Rock Crawling Association American Rock Mechanics Association American Rocket Society American Rocket Society American Roentgen Ray Society American Roller Derby League American Romagnola Association American romanticism American romanticism American Romantism American Romantism American Romney Breeders Association American Roof Cleaners Association American Root Beer Tasters Association American Roots Music Education American Roots Music Festival American Rose Society American Rosie the Riveter Association American Rotary Tools Company American Rottweiler Verein American Royal Association Center Complex American Royal Barbecue American Royal Waterslager Club American Rubber Technologies American Rugby News American Rule American run American Rundbogenstil American Running and Fitness Association American Running Association American Russian Law Institute American Russian Theatre Ensemble Laboratory American sable American Saddle Bred American saddle horse American saddle horse American saddle horse American Saddle Horses American Saddle Horses American Saddlebred American Saddlebred American Saddlebred American Saddlebred Association of Great Britain American Saddlebred Association of the Carolinas American Saddlebred Horse American Saddlebred Horse Association of Australia American Saddlebred Horse Association of Georgia American Saddlebred Horse Association of Ohio American Saddlebred Horse Association, Inc. American Safari Cruises American Safe Climbing Association American Safety & Health Institute American Safety Razor American Safety Reinsurance Ltd. American Sail Training Association

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prudent man rule (redirected from American Rule)

prudent man rule
(redirected from American Rule)