The Federal Torts Claims Act is limited by a number of exceptions pursuant to which the government is not subject to suit, even if a private employer could be liable under the same circumstances. The government defines “optional” or “discretionary” travel as coming to Canada for the purposes of tourism, recreation, and entertainment among others. Note: This is the second post in our ‘What Is’ series about the grant lifecycle and grant types. Discretionary parole probation is a special condition or area of law which allows offenders to rejoin the society by serving his or her last part of sentence under the provision of a probationary officer in comparison to the mandatory parole where the authority is bound to provide a provision on the basis of the offender's good time. An arrangement whereby property is set aside with directions that it be used for the benefit of another, the beneficiary, and which provides that the trustee (one appointed or required by law to administer the property) has the right to accumulate, rather than pay out to the beneficiary, the annual income generated by the property or a portion of the property itself. 1 : left to individual choice or judgment : exercised at one's own discretion discretionary powers. For example, if a creditor was to pursue the assets of a beneficiary, trust property is generally protected because the trustee is the legal owner. Arthrex employees receive an annual discretionary bonus in July at our fiscal-year end. Discretionary spending comes up every year for renewal; the biggest-ticket item in that category is the defense budget. Deeper definition. The quality of being discreet; circumspection: "the almost unknown young man who lived in the upper room ... coming and going with discretion" . Learn more. Is your kid ready for high school? Yes, even tech stocks, How the Best Workplaces in Manufacturing have risen to the COVID-19 challenge, Solar Panels Now Being Offered as a Prebuilt Feature in California, Domino’s Fried-Chicken Pizza Means We’ve Hit Peak Food Trolling, Our Mindless Government Is Heading for a Spending Disaster, Encyclopaedia Britannica, 11th Edition, Volume 11, Slice 8. discretionary definition: 1. decided by officials and not fixed by rules: 2. decided by officials and not fixed by rules…. n. 1. The Discovery Bible. Let them take this teacher-created 9th grade practice test to see if their vocab makes the grade. not having the right to decide for someone how their money should be invested, when it should be paid to them, etc. And customers at the lower end of the income skill are struggling to make ends meet, which pinches their discretionary spending. Discretionary bonuses are often used to reward exceptional performance, contribution, or accomplishment that goes above and beyond the employee’s usual realm of job duties. The simplest definition can be found in the Form ADV Glossary, which states that an advisor has investment discretion if it has the authority to: … 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. This can have significant advantages. ly (-nâr′ə-lē) adv. (For the parent of a child, this may be considered non-discretionary travel; however, it will still require assessment.) All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Discretionary Bonuses. The only comfort he received was from this minister, who assured him that the Government, being now driven to the exercise of the extreme prerogatives of the Crown, were determined to exert them; that a proclamation would probably be out upon the morrow, giving to the military, "Joseph Rouletabille," said Maitre Henri Robert, "has not been regularly subpoenaed as a witness, but I hope, Monsieur President, you will examine him in virtue of your, As for what is the matter with him, my good fellow, it is no use my giving you an answer which would be double Dutch to you; moreover, I have still to test your, In the present study, physicians' perceived value for patient care was identified as the consequence of the, Neither the Labour Law nor the Employment Law contain provisions in respect of bonuses and it is therefore a, ISLAMABAD -- The federal government has lowered the president's. Many companies choose to give discretionary bonuses once or twice per … Generally, they are presented as a purely discretionary buy. Examples of discretionary travel: to visit family for a vacation. having or using the ability to decide at one's own discretion: subject or left to one's own discretion or control. NASB Translation. Discretionary benefits are employment benefits that are not mandated by law. : a non-discretionary trust/fund/account My wife and I recently made a non-discretionary trust settlement on our grandchildren. Why Do “Left” And “Right” Mean Liberal And Conservative? I have no discretionary power on the subject—my duty is emphatically pronounced in the Constitution. They can include a range of employee benefits, such as health insurance, sick leave, maternity leave, vacation leave, pension plans, life insurance, and prescription drug insurance. “Turtle” vs. “Tortoise”: What’s The Difference? Synonyms: optional, arbitrary [law], unrestricted, elective More Synonyms of discretionary This is a series of video. Some examples of discretionary or optional travel are to visit family for a vacation for the birth of a grandchild, nephew, niece, cousin, etc. Bogert, The Law of Trusts and Trustees § 228 (rev. for the birth of a grandchild, nephew, niece, cousin, etc. Because these higher-income consumers are spending less on experiences and travel, they have more discretionary income available to shop this holiday season. purpose, discretion, device. Family members. A discretionary trader may (and should) still follow a trading plan with clearly defined trading rules, but will use their discretion … Travel for optional or discretionary purposes is broadly defined in the Orders as including (but not limited to) travel for the purposes of tourism, recreation and entertainment. Dictionary.com Unabridged There are two main categories of consumer spending: discretionary and staples. Definition. The onus is on the foreign national to demonstrate the purpose of their travel. “Affect” vs. “Effect”: Use The Correct Word Every Time. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins The Most Surprisingly Serendipitous Words Of The Day. Definition of discretionary. The term discretionary expense refers to a cost that a business or household can get by without, if necessary. 2 : available for discretionary use discretionary income. 2d ed. American Heritage® Dictionary of the English Language, Fifth Edition. The money Soros recently allocated to another global macro fund is therefore to one that blends the strategy’s traditional “discretionary” approach with a more computer-driven, quantitative one. Compare. As we all know, the FLSA requires us to pay overtime pay when it is due, and the base pay rate must include all payments for that time period in questionincluding incentive pay and bonuses paid during that time. A set of meat-cleaver cuts to the domestic discretionary budget. A Special Purpose Property is defined as: "a limited market property with a unique physical design, special construction materials, or a layout that restricts its utility to the specific use for which it was built." Discretionary trusts are more complex to value. They were given wider discretionary powers. Discretionary things are not fixed by rules but are decided on by people in authority, who consider each individual case. Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition having or using the ability to decide at one's own discretion, What retailers should expect going into a holiday season during a pandemic, To confront the climate crisis, the US should launch a National Energy Innovation Mission, A flurry of M&A deals lifts global stocks. Some examples of discretionary or optional travel are to visit family for a vacation for the birth of a grandchild, nephew, niece, cousin, etc. 1979); Scott, The Law of Trusts §§ 128.3, 155 (3d ed. Actually, the answer is no. : not left to discretion or exercised at one's own discretion : not discretionary nondiscretionary purchases such as food and housing During the first half of the 1990s, Americans were forced to spend more for certain nondiscretionary items … — Cheryl Russell The Dictionary.com Word Of The Year For 2020 Is …. Define discretion. A legislative act has no reference to any rule but these two: original justice, and discretionary application. The discretionary cash flow — or money left over — can be used to pay cash dividends to stockholders, bonuses to employees, buy back common stock, and pay down outstanding debt. For Special Purpose Properties, "the lender must obtain an independent appraisal A “discretionary” grant is a grant in which a federal agency selects the awardee (i.e., grant recipient) based on merit and eligibility. A discretionary bonus is one given at the sole discretion of the employer and is not expected by the employee. A discretionary trust, in the trust law of England, Australia, Canada and other common law jurisdictions, is a trust where the beneficiaries and/or their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor.It is sometimes referred to as a family trust in Australia or New Zealand. 1967). That is not an unreasonable sum—it’s a fraction of the funding the US spends on health and defense innovation and just over 1% of the discretionary federal budget. The federal budget is split into two large categories known as “discretionary” spending and “mandatory” spending. Check whether you are entitled to a discretionary grant for your course. discretionary. Travel for optional or discretionary purposes is broadly defined in the Orders as including (but not limited to) travel for the purposes of tourism, recreation and entertainment. Examples of travel for a non-optional or non-discretionary purpose. Other statutes permit the trustee the discretion to make adjustments between income and principal to treat the beneficiaries impartially. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012. for any use or purpose one chooses; not earmarked for a particular purpose: discretionary income; a discretionary fund. https://www.thefreedictionary.com/discretionary. In 1880 a provisional Bill was submitted to parliament giving the crown discretionary power not to enforce the laws. Some examples of trips that the government does not consider essential include: visiting family for a vacation; “Sparkling Water” vs. “Seltzer” vs. “Club Soda”: What’s The Difference? Discretionary bonuses are excludable from the regular rate of pay. for any use or purpose one chooses; not earmarked for a particular purpose: discretionary income; a discretionary fund. A discretionary trust is a trust wherein the trustee is given the discretion to determine whether and to what extent to pay or apply trust income or principal to or for the benefit of a beneficiary. Discretionary Trading Pros and Cons . But is that always the case? Magistrates were given wider discretionary powers. Valuing a Discretionary Trust . No finance, no energy, no industrials or consumer discretionary stocks. In this session, i have discussed the Meaning, Purpose and Types of Administrative Discretion under Administrative Law. 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