|
|
Discretionary reserves |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Discretionary reservesBalance sheet accounts representing temporary accumulations of earnings from the current year or the recent past.Discretionary reserves Similar MatchesDiscretionary incomeDiscretionary incomeThe amount of income a consumer has available after purchasing essentials such as food and shelter. Discretionary cash flowDiscretionary cash flowCash 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 debt, and so on. Non Discretionary ProposalNon Discretionary ProposalA proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule. Therefore, the broker cannot vote on behalf of the beneficial owner, it can only vote after specific instructions have been received from the beneficial owner. Nondiscretionary trustNondiscretionary trustA personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary. Discretionary licensingDiscretionary licensingSee licensing. Further SuggestionsDiscretionary trustdiscretionary trust discretionary broker Discretionary Proposition |
|
|
|