discretionary
adjective
uk/dɪˈskreʃənəri/ us ACCOUNTING
used to describe an amount of money in a budget that can be reduced if necessary:
discretionary expenditure/spending
He renewed his call on the Legislature to freeze discretionary funds already approved but not spent.
FINANCE
allowed or decided according to what is considered suitable in a particular situation:
discretionary benefits/bonuses/payments
The draft law gives companies discretionary power to block merger and acquisition deals with foreign investors.
FINANCE
relating to an arrangement in which an investment manager or broker has the authority to make investment decisions without instructions from their client:
Wealth management companies offer discretionary and advisory services to those with more than £100,000 to invest.