Discretionary Cash Flow — is any money left over once all possible capital projects with positive net present values have been financed, and all mandatory payments have been paid. The capital can be used to pay for other responsibilities such as giving out cash dividends… … Investment dictionary
discretionary — A discretionary broker buys and sells shares on behalf of the client and also has the authority to make investment decisions without the prior approval of the client. London Stock Exchange Glossary * * * discretionary UK US /dɪˈskreʃənəri/… … Financial and business terms
discretionary trust — In the context of mutual funds, refers to a mutual fund or unit trust whose management decides on the best way to use the assets without restriction to a specific type of security. Bloomberg Financial Dictionary In the context of trusts, refers… … Financial and business terms
Discretionary deposit — A discretionary deposit is the term given to a device by medieval European bankers as a method of circumventing Catholic canon law edicts prohibiting the sin of usury. At the time, most Christian nations heavily incorporated Biblical scripture… … Wikipedia
management — Government, control, superintendence, physical or manual handling or guidance; act of managing by direction or regulation, or administration, as management of family, or of household, or of servants, or of great enterprises, or of great affairs.… … Black's law dictionary
management — Government, control, superintendence, physical or manual handling or guidance; act of managing by direction or regulation, or administration, as management of family, or of household, or of servants, or of great enterprises, or of great affairs.… … Black's law dictionary
discretionary proposition — A proposal on a proxy card that brokers can cast in favor of management if they have not yet heard from the beneficial holder ten days before the annual meeting. Bloomberg Financial Dictionary See: Ten Day Rule … Financial and business terms
Investment management — is the professional management of various securities (shares, bonds etc.) and assets (e.g., real estate), to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds,… … Wikipedia
Assets Under Management - AUM — The market value of assets that an investment company manages on behalf of investors. Assets under management (AUM) is looked at as a measure of success against the competition and consists of growth/decline due to both capital… … Investment dictionary
discretionary fund management — An investment arrangement where the firm decides when and what investments to invest in within restrictions/objectives outlined by the customer. The delegation of decision making to the firm carries significant risks for the customer and… … Financial and business terms