discretionary
/dɪˈskrɛʃ(ə)n(ə)ri
/adjective
1Available for use at the discretion of the user: there has been an increase in year-end discretionary bonuses...
- 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, non-compulsory, voluntary, at one's discretion, up to the individual, non-mandatory, elective, open to choice;
open, unrestricted;
Law permissive
rare discretional
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...
- 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.
