In this scenario discretionary spending is held to a constant share of GDP.
Nervous consumers and business executives put off discretionary spending.
Wikipedia foundation.
discretionary spending — ➔ spending * * * discretionary spending UK US noun [U] ► ECONOMICS, FINANCE money spent by consumers on things other than necessary things such as food, clothes, and fuel: »Soaring fuel prices have hit discretionary spending, which could weaken… … Financial and business terms
Discretionary spending — Part of a series on Government Public finance File:Governmentbhj,i,gu Vedder Highsmith detail 1.jpeg … Wikipedia
spending — spend‧ing [ˈspendɪŋ] noun [uncountable] ACCOUNTING ECONOMICS FINANCE the amount of money spent, especially by a government or organization: • The slump in high street spending could reduce imports. • a rise in … Financial and business terms
Discretionary Income — The amount of an individual s income that is left for spending, investing or saving after taxes and personal necessities (such as food, shelter, and clothing) have been paid. Discretionary income includes money spent on luxury items, vacations… … Investment dictionary
spending — noun ADJECTIVE ▪ total ▪ There has been an increase in total government spending. ▪ high, low ▪ additional, increased ▪ … Collocations dictionary
discretionary — A discretionary broker buys and sells shares on behalf of the client and also has the authority to make investment decisions without the prior approval of the client. London Stock Exchange Glossary * * * discretionary UK US /dɪˈskreʃənəri/… … Financial and business terms
Spending Review — A Spending Review or occasionally Comprehensive Spending Review is a governmental process in the United Kingdom carried out by HM Treasury to set firm aditure limits and, through public service agreements, define the key improvements that the… … Wikipedia
Spending Review (United Kingdom) — A Spending Review or occasionally Comprehensive Spending Review is a governmental process in the United Kingdom carried out by HM Treasury to set firm and fixed three year departmental expenditure limits and, through public service agreements,… … Wikipedia
discretionary — adj. Discretionary is used with these nouns: ↑award, ↑grant, ↑income, ↑spending … Collocations dictionary
discretionary income — /dɪˌskreʃ(ə)n(ə)ri ɪnkʌm/ noun income left after fixed payments have been made and whose spending is therefore subject to advertising influence ● Discretionary incomes generally increase in a recession … Marketing dictionary in english
