Discretionary
21discretionary — discretion ► NOUN 1) the quality of being discreet. 2) the freedom to decide what should be done in a particular situation. ● discretion is the better part of valour Cf. ↑discretion is the better part of valour DERIVATIVES discretionary adjective …
22Discretionary trusts and powers in English law — are elements of the English law of trusts, specifically of express trusts. Express trusts are trusts expressly declared by the settlor; normally this is intended, although there are situations where the settlor s intentions create a trust… …
23Discretionary review — is the authority of appellate courts to decide which appeals they will consider from among the cases submitted to them. This offers the judiciary a filter on what types of cases are appealed, because judges have to consider in advance which cases …
24Discretionary policy — is a term used to describe macroeconomic policy based on the ad hoc judgment of policymakers as opposed to policy set by predetermined rules. For instance, a central banker could make decisions on interest rates on a case by case basis instead of …
25discretionary trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. discretionary trust …
26discretionary fund — ➔ fund1 * * * discretionary fund UK US noun [C] FINANCE ► an amount of money that is available to spend on things that are not considered necessary but that may be useful: »Governors of some states are given discretionary funds to spend on small… …
27Discretionary Beneficiary — Discretionary beneficiaries are those named in a trust or similar document to whom distributions may be made. While discretionary beneficiaries may apply for distributions, it is up to the trustees to determine whether the payment will be made.… …
28discretionary spending — ➔ spending * * * discretionary spending UK US noun [U] ► ECONOMICS, FINANCE money spent by consumers on things other than necessary things such as food, clothes, and fuel: »Soaring fuel prices have hit discretionary spending, which could weaken… …
29Discretionary Access Control — (DAC) oder Benutzerbestimmbare Zugriffskontrolle ist ein Sicherheitskonzept für IT Systeme. Hierbei wird die Entscheidung, ob auf eine Ressource zugegriffen werden darf, allein auf der Basis der Identität des Akteurs getroffen. Das heißt, die… …
30discretionary costs — ➔ cost1 * * * discretionary costs UK US noun [plural] (also managed costs) ACCOUNTING ► amounts of money that a company spends on something such as advertising or development of new products, that it can reduce temporarily without affecting… …
