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Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.
1 : left to individual choice or judgment : exercised at one's own discretion discretionary powers. 2 : available for discretionary use discretionary income.
1 : left to individual choice or judgment : exercised at one's own discretion discretionary powers. 2 : available for discretionary use discretionary income.
Non-Discretionary Expenses means those Operating Expenses, the payment and amount of which are not within the discretion of Owner or Manager, including without limitation utility charges, salaries and benefits of Property employees, scheduled payments of principal and interest on indebtedness encumbering the Property,
Taxes. Employee salaries. Debts repayments (including loans and mortgages) Rent. Utility bills (including Internet costs) Inventory (especially for retail and other businesses that sell physical goods) Software that directly powers your business.
Discretionary spending refers to non-essential items, such as recreation and entertainment, that consumers purchase when they have enough income left over after paying the necessary expenses such as the mortgage and utilities.
A discretionary fixed cost is an expenditure for a period-specific cost or a fixed asset, which can be eliminated or reduced without having an immediate impact on the reported profitability of a business.
The term discretionary expense refers to a cost that a business or household can get by without, if necessary. Discretionary expenses are often defined as nonessential spending or, in other words, wants rather than needs.Meals at restaurants and entertainment costs are examples of discretionary expenses.
Discretion is defined as the right of someone to make choices or the quality of someone who is careful about what they do or say. An example of discretion is the ability of a juror to determine a verdict. An example of discretion is not talking about politics at family dinners.