Discretionary authority definition

Discretionary authority means the authority, directly or indirectly, to:
Discretionary authority means the authority described in §§ 330.1(d) and 330.4(e) which the Chief of Engineers delegates to division or district engi- neers to modify an NWP authorization by adding conditions, to suspend an NWP authorization, or to revoke an NWP authorization and thus require individual permit authorization.
Discretionary authority or “Discretionary Basis” means R&Co’s authority to decide which securities to purchase and sell for the client.

Examples of Discretionary authority in a sentence

  • Discretionary authority will only be authorized upon full disclosure to the Client.

  • If response is made to such inquiry prior to an exam- ination or audit, it will be considered a tentative finding in any subsequent ex- amination or audit of the return.(d) Discretionary authority to issue rul- ings and determination letters.

  • Discretionary authority to suspend or revoke license or permit; Right to a hearing.

  • Discretionary authority for determining eligibility not expressly delegated to another party remains entirely with the Plan Sponsor.

  • Discretionary authority with respect to such other matters is granted by the execution of the enclosed Proxy.


More Definitions of Discretionary authority

Discretionary authority means the authority to transact in securities on behalf of a client without prior approval from the client except for discretion regarding the price or the time at which a transaction is to be effected if the client has directed or approved the purchase or sale of a definite amount of a particular security before the order is given by the investment adviser. Discretionary authority does not include the authority under which an investment adviser places trade orders with a broker-dealer pursuant to a third-party trading agreement if all of the following conditions are met:
Discretionary authority means a Trustee’s authority to exercise Discretion in a decision or action.
Discretionary authority means a policy provision that has the effect of conferring discretion on an
Discretionary authority means the power to exercise any judgment in a decision or
Discretionary authority means your Financial Professional is authorized to buy and sell securities without your prior consent on any trade.
Discretionary authority or “Discretionary Basis” means Rothschild Asset Management’s authority to decide which securities to purchase and sell for the client.
Discretionary authority means the power to exercise any judgement in a decision or action.