Governors of some states are given discretionary funds to spend on small-scale projects.
Likewise, he said, discretionary funding - money that goes to individual schools for a variety of uses - would not be cut.
Financial and business terms. 2012.
discretionary 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… … Financial and business terms
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Discretionary cash flow — Cash flow that is available after the funding of all positive NPV capital investment projects; it is available for paying cash dividends, repurchasing common stock, retiring debt, and so on. The New York Times Financial Glossary … Financial and business terms
discretionary cash flow — cash flow that is available after the funding of all positive net present value ( NPV) capital investment projects; it is available for paying cash dividends, repurchasing common stock, retiring ( retire) debt, and so on. Bloomberg Financial… … Financial and business terms
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