An account for which the holder gives his/her broker or someone else the authority to buy and sell securities, either absolutely or subject to certain restrictions. also called controlled account or managed account.
Related information about discretionary account:
- Discretionary Account Definition | Investopedia
An account that allows a broker to buy and sell securities without the client's consent. The client must sign a discretionary disclosure with the broker as ...
- Discretionary Account - Financial Dictionary - The Free Dictionary
Account over which an individual or organization, other than the person in whose name the account is carried, exercises trading authority or control.
- What is discretionary account? - InvestorWords.com
Definition of discretionary account: An account for which the holder gives his/her broker or someone else the authority to buy and sell securities, either absolutely ...
- Discretionary account | Business Pundit
A discretionary account involves an agreement in which the account owner gives a broker representative authority to make judgment calls on securities.
- discretionary account (Meaning of)
discretionary account - Meaning and definition. ... Look up: discretionary account. Discretionary account. Accounts over which an individual or organization, ...
- What is discretionary account? - BusinessDictionary.com
Definition of discretionary account: Power of attorney arrangement in which a customer gives limited or complete authority to an agent (bank, broker, ...
- How to Establish a Discretionary Account - Finance & Facilities
Sep 7, 2012 ... Definition/Background. Departments occasionally receive gift money from a donor that does not have specific limitations on how that money ...
- discretionary account: Definition from Answers.com
discretionary account n. A stock or commodity account in which an agent is free to trade without prior consultation with.