- What is another word for discretionary?
- Does discretionary mean optional?
- What are discretionary mandates?
- What is a portfolio mandate?
- What is the difference between discretionary and non discretionary expenses?
- What is discretionary portfolio?
- What are the 4 types of expenses?
- What are the 3 types of expenses?
- What is a non discretionary portfolio?
- What does discretionary mean?
- What does discretionary mean on a bill?
- What are non discretionary expenses?
- What is discretionary and non discretionary?
- What are discretionary accounts?
- What does non discretionary mean?
What is another word for discretionary?
In this page you can discover 14 synonyms, antonyms, idiomatic expressions, and related words for discretionary, like: optional, left to discretion, discretional, changeable, arbitrary, judgmental, personal, elective, facultative, opinion and surprise..
Does discretionary mean optional?
The difference between Discretionary and Optional When used as adjectives, discretionary means available at one’s discretion, whereas optional means not compulsory.
What are discretionary mandates?
A discretionary mandate is a suitable solution for investors who wish to delegate the investment decisions concerning their assets to dedicated managers. The manager does not need to contact the client each time an asset is bought or sold, or when strategy changes are implemented. …
What is a portfolio mandate?
A portfolio mandate sets the parameters within which a portfolio is managed. A fund mandate is a portfolio mandate of a collective investment vehicles. The circumstances are significantly different from portfolios that are managed for a particular client.
What is the difference between discretionary and non discretionary expenses?
While non-discretionary expenses are considered mandatory—housing, taxes, debt, groceries—discretionary expenses are any costs incurred above and beyond what is deemed necessary. These are generally considered wants, while non-discretionary expenses are usually referred to as needs.
What is discretionary portfolio?
Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the portfolio manager’s discretion.
What are the 4 types of expenses?
You might think expenses are expenses. If the money’s going out, it’s an expense. But here at Fiscal Fitness, we like to think of your expenses in four distinct ways: fixed, recurring, non-recurring, and whammies (the worst kind of expense, by far).
What are the 3 types of expenses?
Fixed expenses, savings expenses, and variable costs are the three categories that make up your budget, and are vitally important when learning to manage your money properly. When you’ve committed to living on a budget, you must know how to put your plan into action.
What is a non discretionary portfolio?
A non-discretionary account is one in which the investor decides on what trades to make. … In these accounts, brokers act as a facilitator; they merely receive and execute the clients requested trades, attempting to get the best prices possible for the investor.
What does discretionary mean?
adjective. subject or left to one’s own discretion. for any use or purpose one chooses; not earmarked for a particular purpose: discretionary income; a discretionary fund.
What does discretionary mean on a bill?
discretionary service chargeA discretionary service charge is an amount that is added to your bill in a restaurant to pay for the work of the person who comes and serves you. You can decide if you want to pay it. … The food prices do not include the discretionary service charge, which customers can choose to pay.
What are non discretionary expenses?
After you break down your expenses into variable or fixed, you can add another category: discretionary or nondiscretionary. Nondiscretionary expenses are things you must pay for or buy, including the following: Food. Rent or mortgage. Car payments.
What is discretionary and non discretionary?
Discretionary vs. Non Discretionary Accounts. A discretionary account is an account that gives an investment adviser the authority to make individual trades without the consent of their client. A non-discretionary account is an account where the client always decides whether or not to conduct a trade.
What are discretionary accounts?
A discretionary account is an investment account that allows an authorized broker to buy and sell securities without the client’s consent for each trade. The client must sign a discretionary disclosure with the broker as documentation of the client’s consent.
What does non discretionary mean?
: not left to discretion or exercised at one’s own discretion : not discretionary nondiscretionary purchases such as food and housing During the first half of the 1990s, Americans were forced to spend more for certain nondiscretionary items …—