Disposable-income definition

The income a person has available for spending, saving, or investing after all taxes and other mandatory obligations have been paid.
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Disposable income is defined as money that a person has left over to spend as he wishes after all of his required expenses have been paid.

An example of disposable income is the $100 left in your checking account once all of your bills have been paid.

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An individual’s available cash after living expenses are paid. The amount of disposable income that individuals have directly affects the econ-omy because consumer spending accounts for about two-thirds of the economic activity in the United States.
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(economics) The amount of a person's or group's monetary income which is available to be saved or spent (on either essential or non-essential items), after deducting all taxes and other governmental fees.
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Other Word Forms

Noun

Singular:
disposable-income
Plural:
disposable-incomes