What Is a Discouraged Worker? A discouraged worker is a person who is eligible for employment and can work, but who is currently unemployed and has not attempted to find employment in the last four weeks. Discouraged workers usually have given up on searching for a job because they found no suitable employment options or
What Is Discover Card? Discover is a credit card brand that is issued by the American financial services company Discover Financial (DFS). Originally issued by retailer Sears, Roebuck & Co. in 1985, Discover cards launched nationally in 1986, and first distinguished themselves for their reduced fee structure and pioneering cash-back rewards program. Discover has been
What Is a Discretionary ARM? A discretionary ARM is a type of adjustable-rate mortgage that allows the lender to change the interest rate at its discretion. Discretionary ARMs are not available in the United States but are common in Europe, Australia, and some other parts of the world. Key Takeaways A discretionary ARM is a
What is a Discretionary Account? A discretionary account is an investment account that allows an authorized broker to buy and sell securities without the client’s consent for each trade. The client must sign a discretionary disclosure with the broker as documentation of the client’s consent. A discretionary account is sometimes referred to as a managed
What Is a Discretionary Beneficiary? Discretionary beneficiaries are individuals or entities that a grantor names in a trust, life insurance policy, or retirement plan who will only receive their distributions at a time that has been deemed as appropriate, such as if they pass certain milestones in age or education. While they may apply for
What Is Discretionary Cash Flow? Discretionary cash flow is the money left over once all capital projects with positive net present values have been funded and required payments have been made. The payments can be operational costs, such as wages. The discretionary cash flow—or money left over—can be used to pay cash dividends to stockholders
What Is Discretionary Income? Discretionary income is the amount of an individual’s income that is left for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing. Discretionary income includes money spent on luxury items, vacations, and nonessential goods and services. Because discretionary income is the first
What Is Discretionary Investment Management? Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the portfolio manager’s discretion. This means that the client
What Are Diseconomies of Scale? Diseconomies of scale happen when a company or business grows so large that the costs per unit increase. It takes place when economies of scale no longer function for a firm. With this principle, rather than experiencing continued decreasing costs and increasing output, a firm sees an increase in costs when
What Is Disguised Unemployment? Disguised unemployment exists when part of the labor force is either left without work or is working in a redundant manner such that worker productivity is essentially zero. It is unemployment that does not affect aggregate output. An economy demonstrates disguised unemployment when productivity is low and too many workers are
