These are discretionary accounts where corporations put spare cash, with the brokerage firms making all the investment decisions.
The subcommittee's budget, the largest discretionary domestic account, was over $140 billion.
It cuts spending, in the budget year of 2013 and into the future, from both discretionary accounts and entitlements.
The discretionary account went back such a long way.
He also receives a $15,000 discretionary account for personal use.
"The Highest is only accountable to the Duarches for such a discretionary account."
And at that point, I made that a discretionary account.
In the discretionary account at Stephens, my broker made most of the decisions.
Because they are discretionary accounts, the securities companies can easily move money in or out of them.
Stratton's brokers can sell only to investors with a net worth of more than $1 million, and they cannot open discretionary accounts for clients.