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Что (кто) такое Discretionary - определение

MEDIEVAL SCHEME FOR ILLEGALLY LENDING MONEY WITH INTEREST

Discretionary Deposit; Discretionary deposits

discretionary

a.

See discretional

discretionary

Discretionary things are not fixed by rules but are decided on by people in authority, who consider each individual case.

Magistrates were given wider discretionary powers...

ADJ: usu ADJ n

Discretionary

·- Left to discretion; unrestrained except by discretion or judgment; as, an ambassador with discretionary powers.

Википедия

Discretionary deposit

A discretionary deposit is the term given to a device by medieval European bankers as a method of circumventing Catholic canon law edicts prohibiting the sin of usury. At the time, most Christian nations heavily incorporated Biblical scripture into their laws, and as such it was illegal for any person to charge interest on a loan of money.

The name comes from the workings of the device: a rich person would deposit a large sum with a bank. His name would be kept a secret (at the banker's "discretion"), as a discretionary deposit was seen as an obvious dodge around the charging of usury, and it would have embarrassed the Pope, cardinals, and various nobles and merchants who made use of this device. Every year, in gratitude for the personage's deposit, the banker would make the account a "gift", the exact amount of which would be at the banker's discretion. Of course, the gifts would work out to whatever the prevailing rate was, 8-12%, perhaps. Should a banker's "gifts" be too little, depositors would eventually take their money to another bank whose "gifts" were more commensurate with the going rate. Discretionary deposit accounts were not demand deposit accounts, and so notification of withdrawals often had to be given in advance — sometimes as much as a year.

https://en.wikipedia.org/wiki/Discretionary deposit

Примеры употребления для Discretionary

1. Secondly, when it comes to discretionary spending, non–security discretionary spending, the budget I submitted to the United States Congress actually reduces non–discretionary –– discretionary –– non–security spending.Â And as a matter of fact, if you look at the trend line for non–security discretionary spending, I think it was 6 percent when I first was elected, it‘s down to negative now.

2. Secondly, when it comes to discretionary spending, non-security discretionary spending, the budget I submitted to the United States Congress actually reduces non-discretionary -- discretionary -- non-security spending.В And as a matter of fact, if you look at the trend line for non-security discretionary spending, I think it was 6 percent when I first was elected, its down to negative now.

3. Mr Yoshikawa presented three scenarios: a 40 per cent cut in discretionary spending; a cut in discretionary and personnel spending; and a cut in social security, personnel and discretionary expenditure.

4. "The administration doesn‘t make multiyear discretionary budget requests and doesn‘t submit multiyear discretionary budget data to the House or Senate," he said.

5. The administration‘s budget, released on Monday, would boost spending on defence and homeland security discretionary spending, but called for cuts in other discretionary spending programmes.