Ermessensfreiheit

== German == === Etymology === Ermessen (“discretion/judgment”) +‎ -s- +‎ Freiheit (“freedom”) === Pronunciation === IPA(key): [ɛɐ̯ˈmɛsn̩sˌfʁaɪ̯haɪ̯t] Hyphenation: Er‧mes‧sens‧frei‧heit === Noun === Ermessensfreiheit f (genitive Ermessensfreiheit, plural Ermessensfreiheiten) (finance, law) discretionary power, discretionary freedom, latitude (the freedom to make decisions within certain limits or according to one's own judgment) ==== Declension ==== ==== Synonyms ==== Handlungsspielraum (room for maneuver) Dispositionsfreiheit (freedom of disposition) Entscheidungsspielraum (scope for decision-making) ==== Antonyms ==== Bindung (commitment/obligation) Weisungsgebundenheit (obligation to follow instructions) ==== Hypernyms ==== Kompetenz (competence/authority) Befugnis (authorization) ==== Coordinate terms ==== Anlageparameter (the boundaries of the discretionary power) Anlagerichtlinien (the formal framework for the latitude) Hebelwirkung (the use of leverage often falls under the manager's discretion) Treuepflicht (fiduciary duty; the ethical limit of discretion) ==== Related terms ==== ermessen (to judge/assess) freiheitsgrad (degree of freedom) === References === “Ermessensfreiheit” in Digitales Wörterbuch der deutschen Sprache “Ermessensfreiheit” in Duden online