Business Terms and Jargon Explained

What is Constrained Discretion

A principle which applies to the situation in which policymakers have some freedom (discretion) to vary policy instruments, such as taxes or interest rates, but within well-defined limits (constraints). A well-designed policy framework gives policymakers sufficient freedom to respond flexibly to shocks and sufficient constraints to ensure that they do not exercise their discretion in a way that could undermine the long-term stability of the economy.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

House Organ Unlawful Value added tax (VAT)
Alternate bid Alienation Gain Traction
CAFCASS Application Avatar
Going Forward Cancellation Period Leasehold
Penetration Pricing Vicarious Liability High Risk CAP Goods
Tax Avoidance Usufruct Addendum
Bank Reconciliation Judiciary Spoofing
Cryptocurrency Terms of Reference Accrual Accounting
BTI Zombie Fund Aftershocks
Tenancy agreement Comparative Advantage CFR
Living Wage TAR Free Trade
Aggregate Demand Wanton Base Rate
Earning asset Company Car EBITDA

Term created / updated 2007-03-20 22:41:59

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.