Printer Friendly
The Free Dictionary
904,960,555 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

limited discretion

    0.02 sec.
Limited discretion
Permission by a client that allows a broker to make certain stock and option trades without first consulting the client about the trade.
limited discretion
The authority given a broker to make certain investment decisions without first getting in touch with the investor. The investor must sign a written agreement providing the broker with limited discretion. Also called limited trading authorization.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Pacific Life, as investment adviser for Portfolio Optimization, has limited discretion to periodically make changes to the investment options within a model and to reallocate account values in accordance with the model selected because the model may be updated from time to time.
Eight Simple Questions = A Diverse Portfolio with Pacific Life's ... by Business Wire
The new policy does, however, give the Board limited discretion to adopt a new stockholder rights plan without first seeking stockholder approval if a majority of the independent directors believes the implementation of a rights plan is necessary for the proper exercise of the Board's fiduciary responsibilities.
Solectron Announces Termination of Poison Pill by Business Wire
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.