NONDISCRETIONARY Meaning and
Definition
-
Nondiscretionary refers to a type of obligation or expense that is mandatory or obligatory, lacking any form of discretion or choice in its execution or fulfillment. It describes actions or requirements that must be undertaken without any room for personal decision-making or judgment.
In the realm of finance, nondiscretionary expenses are those that are considered fixed or essential and cannot be easily altered or eliminated. These expenses typically include recurring payments for fundamental necessities such as rent or mortgage payments, utility bills, insurance premiums, and debt repayments. Unlike discretionary expenses that can be adjusted or curtailed based on personal preference, nondiscretionary expenses are considered compulsory and must be met regardless of individual choice or circumstances.
Nondiscretionary can also refer to certain governmental or legal powers, rules, or regulations that bind individuals or institutions to act in a certain way without any discretionary authority. These powers or rules are often aimed at protecting public interest or safety and are typically enforced to ensure compliance.
In summary, the term nondiscretionary signifies actions, expenditures, or powers that are obligatory and must be followed or adhered to without any room for personal judgment or choice.
Common Misspellings for NONDISCRETIONARY
- bondiscretionary
- mondiscretionary
- jondiscretionary
- hondiscretionary
- nindiscretionary
- nkndiscretionary
- nlndiscretionary
- npndiscretionary
- n0ndiscretionary
- n9ndiscretionary
- nobdiscretionary
- nomdiscretionary
- nojdiscretionary
- nohdiscretionary
- nonsiscretionary
- nonxiscretionary
- nonciscretionary
- nonfiscretionary
- nonriscretionary
- noneiscretionary
Etymology of NONDISCRETIONARY
The word "nondiscretionary" is derived from two separate words: "non" and "discretionary".
1. "Non" is a prefix of Latin origin meaning "not" or "without".
2. "Discretionary" is an adjective derived from the noun "discretion". "Discretion" comes from the Latin word "discretio", which means "separation" or "to discern". In English, "discretion" refers to the quality of having the freedom to make decisions or choices according to one's own judgment, without strict rules or obligations.
When the prefix "non-" is added to "discretionary", it negates the meaning of the word, resulting in "nondiscretionary". Therefore, "nondiscretionary" is used to describe something that is not subject to personal judgment or decision-making, but rather follows strict rules, regulations, or obligations.
Similar spelling word for NONDISCRETIONARY
Infographic
Add the infographic to your website:
