discretionary Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “discretionary” in the English Dictionary

(Definition of discretionary from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"discretionary" in American English

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discretionaryadjective

 us   /dɪˈskreʃ·əˌner·i/
available to someone by ​choice, without having to get ​permission or ​authority: Once ​yourkids have discretionary ​money of ​their own, they can ​pay for ​their own ​DVDs.
(Definition of discretionary from the Cambridge Academic Content Dictionary © Cambridge University Press)

"discretionary" in Business English

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discretionaryadjective

uk   us   /dɪˈskreʃənəri/
ACCOUNTING used to describe an ​amount of ​money in a ​budget that can be ​reduced if necessary: discretionary ​expenditure/​spending He ​renewed his ​call on the Legislature to ​freeze discretionary ​funds already ​approved but not ​spent.
FINANCE allowed or decided according to what is considered suitable in a particular ​situation: discretionary ​benefits/​bonuses/​payments The ​draftlaw gives ​companies discretionary ​power to ​blockmerger and ​acquisitiondeals with ​foreigninvestors.
FINANCE relating to an ​arrangement in which an ​investmentmanager or broker has the ​authority to make ​investment decisions without ​instructions from their ​client: Wealth ​managementcompaniesoffer discretionary and ​advisoryservices to those with more than £100,000 to ​invest.
(Definition of discretionary from the Cambridge Business English Dictionary © Cambridge University Press)
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“discretionary” in Business English

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