Definition, Meaning & Synonyms
discretionary item
noun
/dɪsˈkrɛʃənəri ˈaɪtəm/
Definition
An item that can be chosen or decided upon at one’s own discretion or judgment, often reflecting personal preferences rather than necessity.
Examples
- Buying a new smartphone is often considered a discretionary item.
- During the holidays, many people allocate funds for discretionary items such as gifts and decorations.
- Traveling for leisure is usually categorized as a discretionary item in personal budgeting.
Meaning
Discretionary items are not essential goods; instead, they are purchased based on individual choice or freedom of decision.
Synonyms
- Non-essential item
- Luxury item
- Optional purchase
- Discretionary expenditure