Discretion

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Index — Click the ᐅ to expand: ► Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

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

• Commercially reasonable manner
• In good faith