What does discretionary spending mean?
Definitions for discretionary spending
dis·cre·tionary spend·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word discretionary spending.
Wiktionary
discretionary spendingnoun
The amount or portion of a person's or group's expenditures which is used for non-essential or voluntary disbursements; the amount or portion of one's expenditures which one may make as one sees fit.
discretionary spendingnoun
The action of making such expenditures.
discretionary spendingnoun
US government expenditures which are subject to annual review and authorization by Congress, as distinct from expenditures authorized by existing laws.
Wikipedia
Discretionary spending
In American public finance, discretionary spending is government spending implemented through an appropriations bill. This spending is an optional part of fiscal policy, in contrast to social programs for which funding is mandatory and determined by the number of eligible recipients. Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.
Wikidata
Discretionary spending
Discretionary spending is a spending category through which governments can spend through an appropriations bill. This spending is optional as part of fiscal policy, in contrast to entitlement programs for which funding is mandatory. In the United States, discretionary spending refers to spending set on a yearly basis by decision of Congress. Such spending is usually authorized by Congress in another act. Provisions of an appropriations act that authorize spending are earmarks. When an authorization act also appropriates funds, it is called mandatory spending.
Numerology
Chaldean Numerology
The numerical value of discretionary spending in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of discretionary spending in Pythagorean Numerology is: 5
Examples of discretionary spending in a Sentence
Even in this economic state, we see a lot of people willing to put down $ 500 for a new console, we don't foresee anything sort of gaming crash due to economic factors because there are a lot of people stuck at home, shifting discretionary spending into gaming.
Rather than have a numerical dollar amount – which doesn’t make any sense, we just end up raising it every other year – is convert it to something like a debt-to-GDP ratio, a number that could be agreed to, have a cure period thereafter. And if that cure does not occur, certain guardrails go up on discretionary spending.
Chief Executive Officer Vishal Sikka:
We had unanticipated headwinds in discretionary spending in consulting services.
Families consider back-to-school and college items an essential category, and they are taking whatever steps they can, including cutting back on discretionary spending, shopping sales and buying store or off-brand items, in order to purchase what they need for the upcoming school year.
In an environment like this, where discretionary spending is very limited, this could have a big impact.
Translations for discretionary spending
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"discretionary spending." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/discretionary+spending>.
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