51³Ô¹Ï

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discretionary account

noun

  1. an account in which the stockbroker is allowed complete control over the purchase and sale of securities on the customer's behalf.


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51³Ô¹Ï History and Origins

Origin of discretionary account1

First recorded in 1915–20
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Example Sentences

Examples have not been reviewed.

Through an affiliated private foundation, Parsons-Hietikko was granted access to a discretionary account that was created with the “express purpose†of paying for “expenses, such as alcohol†that would not be allowable under NIH rules, according to the government’s complaint.

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It was shortly after Caruso took over that a whistleblower came forward to report a suspicious $100,000 donation from Ridley-Thomas that was deposited into Flynn’s discretionary account.

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Congress already approved funding this year for about 75 percent of the government’s discretionary account for the budget year that began Oct.

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Congress already approved funding this year for about 75% of the government’s discretionary account for the budget year that began 1 October.

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A school spokesman said the money came from Anderson’s discretionary account with the University of Maryland College Park Foundation.

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