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discretionary

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

Definition of discretionary in English:

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.

Definition of discretionary in:

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