What does discretionary amount mean

Personal or family member fuel.Discretionary income is the income you have left over to spend, save, or invest after you pay taxes and for other essentials such as rent or mortgage, utilities, food, and credit card bills.A discretionary bonus is a compensation given to a staff member based purely on the employer's logical discretion.Discretionary expenses are often defined as nonessential spending.The amount you will be covered for is the highest amount outstanding that was paid within the payment terms + maximum extension period (mep) and within the justification period specified in your policy, capped at the value of your discretionary limit.

For example, one of the first discretionary expenditure to go for the salespeople of the company is the spending or expense account.Personal or family member mobile phone.Discretionary income is calculated after all other income has been allocated.[adjective] left to individual choice or judgment :Employer discretionary contribution means the amount, if any, the employer credits.

Discretionary income is less than both total income and disposable income because it's income you can use at your discretion.Discretionary expenses include a broad range of costs and purchases, and the amount you spend in this category can vary greatly from month to month.A discretionary expense is a cost that a business or household can survive without, if necessary.