PRUDENCE Definition

Bookmark and Share

PRUDENCE is having foresight and caution along with discretion, and to not act recklessly.

Learn new Accounting Terms

STABILIZED INCOME is the projected planned revenue that is subject to change but represents the best annualized estimate of consistent income.

ACTIVE is a a security eligible for the OTC Bulletin Board (OTCBB) that meets the frequency of quotation requirement or the so-called "piggyback" exception. Once the frequency of quotation or piggyback exception has been satisfied, authorized participants may register on-line in a security. As long as the security remains active, any participant may quote the security without a Form 211 submission.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.