What is what does prudent mean?

Prudent means being careful and showing good judgement in making decisions, often with regard to money and resources. It involves considering the potential risks and benefits of a course of action, and choosing the most sensible and responsible approach. Prudence can also involve being cautious and avoiding unnecessary risks or expenses. It is often associated with qualities such as wisdom, foresight, and rationality, and is valued in many professional fields, including finance, law, and management. An example of prudence would be investing in a diversified portfolio instead of putting all of one's money into a single stock, or carefully researching a company before making a significant business decision.