discretionary account

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Related to discretionary account: Quarter on Quarter

discretionary account

A stock or commodity account in which an agent is free to trade without prior consultation with the customer.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

References in periodicals archive ?

The "greatest area of failure" was in the management and control of a discretionary account, the statement says.

Church's finances reassessed

The capital component is treated as an obligation paid from its discretionary account, which is junior to all outstanding to senior and subordinate lien revenue bonds and commercial paper payments.

itch Ratings assigns 'A' rating to Department of Airports

However, that will be available only in connection with providing investment advice, not providing discretionary account management.

Don't Forget About Sweep Programs

The discretionary account - around $20 million - is used predominately for art acquisition and museum promotion.

Art museum is raising its profile; New director plans exhibits, more outreach

Main findings from this analysis include: (1) Behavior categories that the authors identify as discretionary account for a combined 85.5% of yearly behavioral incidents, on average.

Colorado Disciplinary Practices, 2008-2010: Disciplinary Actions, Student Behaviors, Race, and Gender

The firm aims to run mainly businesses as asset securitization and discretionary account operation, Lo said.

IBT to jointly explore financial market in China with mainland investors

The verdict cites the duo's alleged embezzlement of more than $3 million from a presidential discretionary account during Chen's two terms as president, and receipt of nearly $12 million in kickbacks.

Taiwan ex-Pres. Chen appeals life sentence for graft

curriculum with assistance from dance professionals; give each school a discretionary account with which to purchase P.E.

School district awarded grant to strengthen P.E. programs

Mr McCarthy, who served in some of the country's toughest jails, used money from his own discretionary account to foot the bill.

MADNESS; Prison governor gives rapists and drug lords EUR50 each.. because he's leaving

Incentives are calculated and paid annually with funds from the program's discretionary account. Discretionary account funding is derived from the interest earned on departmental endowment funds.