discretionary

08:23 Oct 25, 2020
This question was closed without grading. Reason: Answer found elsewhere

English to German translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: discretionary
Wie versteht ihr im vorliegenden Kontext den Begriff "Discretionary"? Ist damit eventuell der Sektor "Nicht-Basiskonsumgüter" gemeint? (Siehe grüner Pfeil und grüne Markierung im beigefügten Screenshot)
Olaf Reibedanz
Colombia
Local time: 01:55

Summary of reference entries provided
Wendy Streitparth

Discussion entries: 4





  

Reference comments


2 hrs peer agreement (net): -1
Reference

Reference information:
What is a Discretionary Account?

A discretionary account is an investment account that allows an authorized broker to buy and sell securities without the client's consent for each trade. The client must sign a discretionary disclosure with the broker as documentation of the client's consent.

https://www.investopedia.com/terms/d/discretionaryaccount.as...

Also 'nach freiem Ermessen'?

Wendy Streitparth
Germany
Native speaker of: English
PRO pts in category: 80

Peer comments on this reference comment (and responses from the reference poster)
disagree  Katja Schoone: other context
2 days 23 hrs
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