Glossary entry (derived from question below)
English term or phrase:
discretionary collective investment vehicles
English answer:
definition of Discretionary
Added to glossary by
airmailrpl
May 24, 2005 10:38
19 yrs ago
English term
Czech Republic
Proficiency in IT, law and marketing
Native in: Czech 
Works in: English to Czech, Czech, Slovak to Czech
discretionary collective investment vehicles
English
Bus/Financial
Investment / Securities
From a text about a real estate fund / real estate asset management company.
I particularly look for the explanation of "discretionary" in this context.
The whole sentence is: "Creation and the management of discretionary collective investment vehicles designed to provide experienced investors with access to real estate investment opportunities world-wide."
Also occurs in: "Design and execution of discretionary real estate funds management strategies on a separate account basis for institutional and private investors. "
TIA
I particularly look for the explanation of "discretionary" in this context.
The whole sentence is: "Creation and the management of discretionary collective investment vehicles designed to provide experienced investors with access to real estate investment opportunities world-wide."
Also occurs in: "Design and execution of discretionary real estate funds management strategies on a separate account basis for institutional and private investors. "
TIA
Responses
| 4 | definition of Discretionary |
airmailrpl
|
Responses
6 mins
airmailrpl
Brazil
Brazil
Native in English
&
English
Brazil
Technical - Fast - good price - accurate
Native in: English (Variant: US) 
, Portuguese (Variant: Brazilian)
Works in: English to Portuguese, Portuguese to English, English, and 1 more.
Related KudoZ points
:
4
Selected
definition of Discretionary
Creation and the management of discretionary collective investment vehicles
Discretionary trust
Definition
Discretionary trusts are one of the most flexible trust funds. Once the assets are transferred to the trust fund, the transferor no longer have legal rights to, or ownership of, them. However, the transferor can maintain control by appointing the trustee. The capital the transferor puts into the trust stays there until the time stipulated by the transferor for funds to be paid out or until such time as the trustees decide to do so.
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Note added at 8 mins (2005-05-24 10:47:36 GMT)
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discretionary account
NOUN: A stock or commodity account in which an agent is free to trade without prior consultation with the customer.
http://yahooligans.yahoo.com/reference/dictionary/entries/23...
Discretionary account
What\'s the definition?
An arrangement by which the holder of an account gives written power of attorney to someone else, to buy and sell without prior approval of the holder; often referred to as a \"managed account\" or controlled account.
http://www.investordictionary.com/definition/Discretionary a...
Discretionary trust
Definition
Discretionary trusts are one of the most flexible trust funds. Once the assets are transferred to the trust fund, the transferor no longer have legal rights to, or ownership of, them. However, the transferor can maintain control by appointing the trustee. The capital the transferor puts into the trust stays there until the time stipulated by the transferor for funds to be paid out or until such time as the trustees decide to do so.
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Note added at 8 mins (2005-05-24 10:47:36 GMT)
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discretionary account
NOUN: A stock or commodity account in which an agent is free to trade without prior consultation with the customer.
http://yahooligans.yahoo.com/reference/dictionary/entries/23...
Discretionary account
What\'s the definition?
An arrangement by which the holder of an account gives written power of attorney to someone else, to buy and sell without prior approval of the holder; often referred to as a \"managed account\" or controlled account.
http://www.investordictionary.com/definition/Discretionary a...
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
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