| 释义 |
limited discretion Limited discretionPermission by a client that allows a broker to make certain stock and option trades without first consulting the client about the trade.Limited DiscretionPermission from an investor giving his/her broker the ability to make some investment decisions on a brokerage account without consulting the investor. Such decisions must be made in accordance with the customer's stated investment goals. This contrasts with a discretionary account, which gives the broker much more independence. Limited discretion is also called limited trading authorization.limited discretion The authority given a broker to make certain investment decisions without first getting in touch with the investor. The investor must sign a written agreement providing the broker with limited discretion. Also called limited trading authorization. |