discretionary spending

discretionary spending
a) The amount or portion of a persons or groups expenditures which is used for non-essential or voluntary disbursements; the amount or portion of ones expenditures which one may make as one sees fit.

In this scenario discretionary spending is held to a constant share of GDP.

b) The action of making such expenditures.

Nervous consumers and business executives put off discretionary spending.

Ant: nondiscretionary spending

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