See Also: discretion(dictionary)
Discretion(finance)
discretion(dictionary)
Discretion(money)
Management Discretion(money)
Limited discretion(money)
Limited discretion(finance)
DISCRETION, crim(law)
Fractional discretion order(money)
Fractional discretion order(finance)

Discretion (money)


Definition: Freedom to make choices.

Definition: [crh] 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 Definition: 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. See alsoDefinition: : Market Not Held Order.