discretionary account Definition

discretionary account

Definition

An account for which the holder gives his/her broker or someone else the authority to buy and sell securities, either absolutely or subject to certain restrictions. also called controlled account or managed account.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

trading authorization -

all or any part - More

brokerage account

discretionary

Popular 'Brokerages' Terms

sell limit order
limit order
broker
investment bank
mark-to-market

account
purchase
buy limit order
underwriting
buying on margin

discretionary account in the news

Tools

Enter your email address to get our free Term of the Day newsletter!

discretionary account is ...

... part of the Brokerages and Trading subjects.

Nearby Terms

discounted future benefits
discounting the news
discrete compounding
discretion
discretionary
discretionary account
discretionary expense
discretionary income
discretionary order
discretionary trust
dishonor

Search volume for discretionary account

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice