discretion
- discretion
Freedom given to the floor broker by an investor to use his judgment regarding the execution of an order. Discretion can be limited, as in the case of a limit order that gives the floor broker some distance from the stated limit price to use his judgment in executing the order. Discretion can also be unlimited, as in the case of a market-not-held order. Bloomberg Financial Dictionary
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discretion di‧scre‧tion [dɪˈskreʆn] noun [uncountable]
the ability, right, or freedom that someone has to take decisions in a particular situation:
• The licensee is supposed to have complete discretion over how the station is operated.
• People want to have more discretion over their working hours.
discretion at somebody's discretion
• Your overdraft may be increased at the discretion of the bank.
discretion to
• The Commission has the discretion to conduct an investigation.
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discretion UK US /dɪˈskreʃən/ noun [U]
► at sb's discretion/at the discretion of sb »
Payment in lieu of notice to redundant workers is at the company's discretion.
exercise/use (your) discretion »
Economic and institutional constraints can make it difficult for senior managers to exercise discretion in their decisions.
leave it (up) to sb's discretion/leave it (up) to the discretion of sb »
Top-up insurance cover is left to the discretion of individuals and firms.
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Bankruptcy managers have discretion to decide disputes.
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broad/complete/considerable discretion
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Sales staff were given discretion to offer customers a 10% discount.
Financial and business terms.
2012.
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Look at other dictionaries:
discrétion — [ diskresjɔ̃ ] n. f. • 1160; lat. discretio « discernement » → 1. discret I ♦ Vx Discernement; pouvoir de décider. S en remettre à la discrétion de qqn, s en rapporter à sa sagesse, à sa compétence. ♢ Mod. Être à la discrétion de qqn, en dépendre … Encyclopédie Universelle
discretion — dis·cre·tion /dis kre shən/ n: power of free decision or latitude of choice within certain bounds imposed by law reached the age of discretion struck down death penalty provisions administered through unbridled jury discretion L. H. Tribe: as a:… … Law dictionary
Discretion — Discretion, Tacuinum Sanitatis casanatensis (XIV secolo) Discretion is a noun in the English language with several meanings revolving around the judgment of the person exercising the characteristic … Wikipedia
discrétion — DISCRÉTION. s. f. Judicieuse retenue, circonspection dans les actions et dans les paroles. Agir, parler avec discrétion. Il a beaucoup de discrétion. Il n a point de dircrétion. Son zèle est sans prudence et sans discrétion. [b]f♛/b] On dit, que… … Dictionnaire de l'Académie Française 1798
discretion — Discretion. s. f. Judicieuse retenuë, circonspection dans les actions & dans les paroles. Agir, parler avec discretion. il a beaucoup de discretion. il n a point de discretion. On dit, d Un homme qui est dans l âge où l on commence ordinairement… … Dictionnaire de l'Académie française
Discretion — Dis*cre tion, n. [F. discr[ e]tion, L. discretio separation, difference, discernment, fr. discernere, discretum. See {Discreet}, {Discern}.] 1. Disjunction; separation. [Obs.] Mede. [1913 Webster] 2. The quality of being discreet; wise conduct… … The Collaborative International Dictionary of English
discretion — c.1300, dyscrecyun, moral discernment, from O.Fr. discrecion or directly from L.L. discretionem (nom. discretio) discernment, power to make distinctions, in classical Latin separation, distinction, from pp. stem of discernere to separate,… … Etymology dictionary
discretion — ou separation, Discrimen. User de discretion, Prudentiam ad omnes res adhibere. Joinct ce que la noble et sage discretion de la Cour sçaura mieux supplier et adviser, Implorare in auxilium suae causae etiam fidem Iudicum, intimosque sensus et… … Thresor de la langue françoyse
discretion — ► NOUN 1) the quality of being discreet. 2) the freedom to decide what should be done in a particular situation. ● discretion is the better part of valour Cf. ↑discretion is the better part of valour DERIVATIVES discretionary adjective … English terms dictionary
discretion — [di skresh′ən] n. [ME discrecioun < OFr discrecion < L discretio, separation (in LL, discernment) < discretus: see DISCREET] 1. the freedom or authority to make decisions and choices; power to judge or act 2. the quality of being… … English World dictionary
Discretĭon — (v. lat.), 1) eigentlich Scheidung, Unterscheidung; daher Discretionsjahre, Jahre der Verstandesreife od. der Mündigkeit; 2) Berücksichtigung; daher Discretionsgeld, so v.w. Centnergeld 1); Discretionstage, so v.w. Respecttage; 3) Anstand u.… … Pierer's Universal-Lexikon
