Discretionary reserves


 

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Discretionary reserves

Balance sheet accounts representing temporary accumulations of earnings from the current year or the recent past.



Discretionary reserves

Similar Matches

Non Discretionary Proposal

Non Discretionary Proposal

A 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 trust

Nondiscretionary trust

A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary.


Discretionary Proposition

Discretionary Proposition

A proposal on a proxy card that brokers can cast in favor of management if they have not yet heard from the beneficial holder ten days before the annual meeting. See: Ten-Day Rule


Discretionary broker

Discretionary broker

A broker who not only deals in stocks and shares on behalf of his client, but who also makes the decisions about what should be bought and sold for the portfolio and has authority to execute those decisions without getting prior approval from the client. Also known as a full-service account.Contrast with advisory brokers and execution-only brokers.The website of The Association of Private Client Investment Managers and Stockbrokers- http://www.apcims.co.uk - provides a list of brokers and the services which they offer.


Discretionary income

Discretionary income

The amount of income a consumer has available after purchasing essentials such as food and shelter.


Further Suggestions

Discretionary cash flow
discretionary trust
Discretionary trust
Discretionary licensing


 
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