Nov 26, 2011 15:14
12 yrs ago
8 viewers *
English term

Prudential credit limit

English Bus/Financial Finance (general) Prudential credit limit
What does prudential limit mean in corporatrate credit limits for borrowers.

Responses

+4
21 mins
Selected

a cautious, well-judged credit limit

A credit limit set using good judgment and common sense.

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Note added at 22 mins (2011-11-26 15:36:36 GMT)
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pru·den·tial (pr-dnshl)
adj.
1. Arising from or characterized by prudence.
2. Exercising prudence, good judgment, or common sense.

The Free Dictionary
Peer comment(s):

agree Juan Manuel Macarlupu Peña
1 hr
Thanks, Juan!
agree Abouzar Oraki
2 hrs
Thanks, oraki!
agree Veronika McLaren
6 hrs
Thanks, Veronika!
agree 3ADE shadab
1 day 19 hrs
Thanks, Mohd!
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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