Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Discretionary Income'
The amount of income a person earns that is over and above the amount needed to pay for essential goods and services: lodging, food, utilities, etc. Discretionary income drives the purchase of certain products, for example, automobiles, and is used for investment.