discretionary

Definition
Not mandatory; up to the individual. The term usually refers to a discretionary account which is a brokerage account in which the client has given the broker the authority to carry out transactions without checking with the client first.




discretionary is ...
... part of the
Law & Estate Planning subject.


Related Terms

all or any part -  More
limited discretionary account -  More
managed account -  More
nondiscretionary trust, autonomous consumption, currency board


discretionary appears in these other terms

consumer discretionary, discretionary trust, discretionary expense, discretionary order, discretionary income


discretionary appears in the definitions of these other terms on BusinessDictionary.com

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