discretionary income

noun

: income that is left after paying for things that are essential, such as food and housing

She has enough discretionary income to pay for a nice vacation each year.

Examples of discretionary income in a Sentence

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Those plans cap your monthly payments at a percentage of your discretionary income and forgive any of your remaining debt after a certain number of years. —

Annie Nova, CNBC, 1 Dec. 2024 When Jill Kraus and her husband, Peter, started collecting in the early 1980s, the couple had $600 in discretionary income each month and would pay off their early acquisitions in increments. —

Kate Dwyer, ARTnews.com, 8 Oct. 2024 These are viewers that have discretionary income and love to spend it on something that’s going to be a bit of a splurge or a luxury for them, which a lot of our viewers say Acorn is — part of that monthly indulgence. —

Josef Adalian, Vulture, 21 June 2024 Are consumers doing well and utilizing their discretionary income at a higher percentage? —

Wayne Cantwell, Forbes, 29 Oct. 2024 See all Example Sentences for discretionary income

Dictionary Entries Near discretionary income

discretionary account

discretionary income

discretion is the better part of valor

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“Discretionary income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/discretionary%20income. Accessed 22 Dec. 2024.

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