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What does prudence mean?

Looking for the meaning or definition of the word prudence? Here's what it means.

Noun
  1. The quality or state of being prudent; wisdom in the way of caution and provision; discretion; carefulness; hence, also, economy; frugality.
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What we have here as a problem is a lack of prudence in approving a loan proposal.
The earlier signals which hinted at the emergence of fiscal prudence, quickly faded out.
If you don't obey the higher law of prudence by watching your step on an icy day, you will be compelled to obey the lower law of gravity.
Travelers to such destinations practice extra alertness, precaution and prudence.
You, as an organisation pride yourself on teaching your members the values of thrift and prudence.
But however many millions it may cost to support the monarchy in all its pomp, the Queen sets a shining example of thrift and prudence.

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