discretionary

(redirected from discretionary account)
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
Related to discretionary account: Quarter on Quarter

discretionary

adjective conative, discretional, elective, left to discretion, left to individual judgment, optional, selective, volitional, volitive
Associated concepts: discretionary authority, discretionary damages, discretionary power of the court, discretionary trusts
See also: alternative, circumspect, discreet, disjunctive, elective, judicious, juridical, spontaneous, voluntary
References in periodicals archive ?
Figure I Discretionary Account Excerpt Endowment Account Principal balance $1,000,000.
METHODS OF ADDING TO A DEPARTMENTAL DISCRETIONARY ACCOUNT
If it's not a discretionary account, how could [Weber] initiate the trades without being contacted?
ASIC has issued Regulatory Guide 179 Managed Discretionary Account Services (RG 179) and several class orders setting out how MDA services for retail clients must be operated.
Antonovich, who kept the lake operating through the summer with money from his discretionary account, will continue working with state officials to keep it open, said spokesman Tony Bell.
But once again, when it gets into arbitration, UBS' story is a bit different: "Like many other firms, UBS ignores the representations in its advertising when it is forced to defend its actions," wrote the authors, "stating in one case: '[A] broker does not owe a fiduciary duty to his customer in a non- discretionary account.
In contrast, VA health care is a discretionary account, whose funding is largely affected by the appropriations process.
ASIC s investigation found that between March 2010 and October 2011, Forex FS offered an account known as an individually managed account (IMA) which was a managed discretionary account (MDA).
the national retirement financial services firm, reported that assets in RightPath, its next generation defined contribution (DC) plan, have surpassed $700 million, with close to 60% of participants choosing to enroll in the plan opting for discretionary account management.
The proposed requirements would also apply to investor directed portfolio service operators, managed discretionary account operators and sub-custodians as discussed in RG 133.
Just one city councilman reaching into his discretionary account for a few grand, and saying to an aide, ``Take care of it.
NEW YORK -- The Bank of New York has launched a full service brokerage solution for high-net-worth individuals, providing a complementary option to its traditional discretionary account management services and fully positioning the firm as a preferred financial advisor.