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Discretion
The power or right to act officially in
certain circumstances as granted in a code or
rule to exercise one's freedom of choice or
professional judgment. See also: Best Interest
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Discretionary Fiscal Spending
The elements of
an entity's budget that are not governed by
executive or legislative direction.
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Discriminatory Price
A scenario in which identical
goods or services in the same quantities are
offered at different prices to different buyers.
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Discussion
Formal or informal communication
involving an oral or written exchange of
information.
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Disparagement
False or malicious accusations
regarding the performance or quality of a
business' good or service.
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Disposal
1. To remove an item of inventory or a capital
asset from an organization in accordance with
disposal and accounting procedures.
2. The disposition of assets or inventory.
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Disposal Cost
All expenses required to dispose
of unwanted items, such as surplus.
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Disposal Value
1. The estimated value of excess or surplus
property prior to actual disposal.
2. The proceeds obtained from a sale of surplus
property.
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Disposition
Transferring, trading-in, selling, or
destroying goods that are excess property,
surplus property, or scrap.
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Dispute
A contractual disagreement or
misunderstanding between contracting
parties specific to contract provisions or
language. See also: Protest.
