Question

define the term Prudential in easy and meaningful words with example​

Answer 1

Answer:

based on presence, or on careful calculation of gains and losses. predential decision are usually contrasted with decision based purely on moral consideration.

Answer 2

Prudential regulation is a type of financial regulation that requires financial firms to control risks and hold adequate (sufficient)  capital as defined by capital requirements.

eg - And then I got this letter from Prudential, telling me they were canceling my insurance.