Discretion

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The Jolly Contrarian’s Glossary

The snippy guide to financial services lingo.™

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Freedom. Choice. Happiness. Individuality. Optionality, unbound by considerations of what anyone else might think.

The stance one adopts by uttering the expression “I may” (or, if one is legally qualified, “I shall be entitled, acting for the avoidance of doubt in my sole and absolute discretion”.)

A simple idea that lawyers will work hard to make seem difficult.

See also