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discretionary British & World English

Available for use at the discretion of the user

discretionary English Thesaurus

a 12.5 per cent discretionary service charge

discretionary income British & World English

Income remaining after deduction of taxes, social security charges, and basic living costs

discretionary trust British & World English

A trust in which the number of shares of each beneficiary are not fixed by the settlor in the trust deed, but at the discretion of the trustees