discretionary funding

discretionary funding
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-scale projects.

discretionary funding noun [U]
»

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.

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