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单词 discretionary account
释义

discretionary account

noun

: a security or commodity market account in which an agent (such as a broker) is given power of attorney so as to be able to make independent decisions and buy and sell for the principal's account

Example Sentences

Recent Examples on the Web Republicans in this Congress have failed to tame federal spending—on either entitlements or the discretionary accounts that won a big increase in this year’s omnibus bill. The Editorial Board, WSJ, 13 May 2018

Word History

First Known Use

1885, in the meaning defined above

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更新时间:2024/12/26 9:22:43