► ECONOMICS, FINANCEmoney spent by consumers on things other than necessary things such as food, clothes, and fuel: »
Soaring fuel prices have hit discretionary spending, which could weaken the economy.
► ACCOUNTINGmoney spent by a company on things such as advertising or development of new products, that can be reduced temporarily without affecting business: »
The company said it plans cuts in discretionary spending and will closely manage other operating expenses to further control costs.