Limited Discretion

Business / Finance / 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.

Other Words for Discretion

Discretion Noun Synonyms: choice, option, judgment, preference, pleasure, disposition, volition, wish, will, liking, inclination
Discretion Adjective Synonyms: tact, diplomacy, prudence, care, discernment, sound judgment, circumspection, sagacity, common sense, good sense, wisdom, discrimination

Other Words for Limited

Limited Verb Synonyms: circumscribed, restricted, fixed, predetermined, small, little, reduced, minimal

Limited Warranty

Business / Finance / Limited Warranty: A warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good. MORE

Limited-Liability Instrument

Business / Finance / Limited-Liability Instrument: A security, such as a call option, in which the owner can lose only the initial investment. MORE

Limited-Tax General Obligation Bond

Business / Finance / Limited-Tax General Obligation Bond: A general obligation bond of a government backed by specified or constrained revenue sources. MORE

Master Limited Partnership (MLP)

Business / Finance / Master Limited Partnership (MLP): A publicly traded limited partnership. MORE

Limited Risk

Business / Finance / Limited Risk: The risk inherent in options contracts, which is much lower than that of a futures contract, which has unlimited risk. The maximum loss in buying a call option, for example, is the premium paid for th MORE

Limited Recourse

Business / Loan / Limited Recourse: Rights only to specifically stipulated assets to satisfy an unpaid debt. MORE