:
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 …—
What are examples of non discretionary?
- Rent.
- Groceries.
- Gas.
- Utility bills.
What is discretionary vs 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 does non discretionary mean in law?
An entity that is not affected by the influence of another individual’s discretion or preferences
. For example, a budget or a contract states the non discretionary spending that ought to occur. Also, a law that is enforced without the discretion of authorities is known a s a non discretionary law.
What does non discretionary mean in business?
Non-discretionary Expenses Explained
In finance, a non-discretionary account is
a brokerage account that requires client permission for each trade made by a broker
. Thus, the broker would have to contact the client for each trade. … Examples of these expenses include: rent, food, or mortgage payments.
What is considered a non discretionary expense?
While non-discretionary expenses are considered mandatory—housing, taxes, debt, and 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 an example of discretionary?
The definition of discretionary is something that you use as desired or needed.
When you have petty cash available to you to use, the money you spend
is an example of discretionary spending. Left to or regulated by one’s own discretion or judgment.
What are non-discretionary goods?
Non-Discretionary Items means
Taxes and insurance premiums
. Sample 2. Sample 3. Non-Discretionary Items means all real estate taxes, insurance premiums and utilities relating to the Property.
What does non-discretionary leave mean?
Non-discretionary leave is
taken for personal or family illness, emergency, death, or military leave
and allows for very little, if any advanced planning. Restrictions are placed on the discretionary use of state personal leave by many school districts.
What is the difference between discretionary and non-discretionary portfolio?
Under Discretionary portfolio,
the trader can actually buy and sell the securities directly without the client’s consent for each trade
. … Under Non-discretionary portfolio management, the broker or the investment manager only acts as a broker following the client’s instructions for execution of trades.
What is a non-discretionary grant?
Non-discretionary grant means
a grant in which the recipient of the grant funds or the formula for the grant award is specifically stated in the legislation authorizing the grant, or in specific agency regulations promulgated by the agency
and reviewed by the Arkansas Legislative Council, or in the case of federal …
Is the word non-discretionary?
Frequency
: Not discretionary; thus, frequently, mandatory.
What is non-discretionary time?
A non-discretionary bonus is
a bonus that must be paid out if certain criteria are met
. … For example, employees might be told that if they have 100% attendance over a certain period of time, they will receive an attendance bonus.
What is mandatory and discretionary spending?
Discretionary spending is spending that is subject to the appropriations process, whereby Congress sets a new funding level each fiscal year (which begins October 1st) for programs covered in an appropriations bill. …
Mandatory spending is simply all spending that does not take place through appropriations legislation
.
What is discretionary income?
Discretionary income is
the amount of money you have left over after paying for necessary expenses
, and it’s used to calculate student loan payments on several federal repayment plans.
What does discretionary travel mean?
Discretionary travel is defined as
all trips other than home-based work and home-based school
. For the. purpose of this report discretionary trips are divided into three sub-categories – home-based shopping, home-based other and non home-based.
