Definition of discretionary in English:

discretionary

Syllabification: dis·cre·tion·ar·y
Pronunciation: /disˈkreSHəˌnerē
 
/

adjective

  • 1Available for use at the discretion of the user: rules are inevitably less flexible than a discretionary policy
    More example sentences
    • Compare this to the discretionary spending available to, say, a family-owned company.
    • He therefore suggested that the police use the discretionary policy to deal with the problem.
    • The hotel's 800 employees agreed to forgo discretionary annual bonuses recently in hopes of saving jobs.
    Synonyms
    optional, voluntary, at one's discretion, elective
  • 1.1Denoting or relating to investment funds placed with a broker or manager who has discretion to invest them on the client’s behalf: discretionary portfolios
    More example sentences
    • I am often asked how much time I spend each week on managing my discretionary clients' portfolios.
    • Thus, the bank instructed simply to buy or sell securities has fewer fiduciary duties than if it is the manager of a discretionary fund.
    • As for consumers, rising oil prices are shrinking discretionary funds and dampening spending.

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