Definition, Meaning & Synonyms
discretionary-funding
Noun
/dɪsˈkrɛʃəˌnɛri ˈfʌndɪŋ/
Definition
Funds that are allocated at the discretion of the entity making the funding decisions, often used for projects deemed important but not mandatory.
Examples
- The university received discretionary funding for new research initiatives.
- Discretionary funding can often be redirected to more urgent projects.
- Government agencies may have discretionary funding to support local community programs.
Meaning
Discretionary funding refers to financial resources that are available for use based on the judgment of decision-makers, allowing flexibility in spending based on priorities or needs.
Synonyms
- optional funding
- flexible funding
- subjective funding
- controlled funding
