Discretionary account

• Is an account whereby another party holds limited or full Power of Attorney over the trading or investment account of another.

• Accounts over which an individual or organization, other than the person in whose name the account is carried, exercises trading authority or control.

 Embedded terms in definition
Investment account
Power of attorney
 Related Terms

<< Discretionary Discretionary cash flow >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

A leader's role is to raise people's aspirations for what they can become and to release their energies so they will try to get there. - David Gergen


Copyright 2009-2018 GVC. All rights reserved.