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

Recent Examples on the Web This massively underserved group deploys $21 billion in discretionary income each year. Matt Grobar, Deadline, 14 Aug. 2024 Starting in July, payments on loans borrowed for undergraduate school were set to be reduced from 10% to 5% of discretionary income for those enrolled in SAVE. Cnn.com Wire Service, The Mercury News, 25 June 2024 That would give them discretionary income of about $15,630, with their repayments currently capped at 10% of that, or about $130.25 a month. Aimee Picchi, CBS News, 25 June 2024 But few would argue that having some discretionary income doesn’t facilitate happiness to a certain degree. Andrea Kane, CNN, 28 July 2024 See all Example Sentences for discretionary income 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'discretionary income.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near discretionary income

Cite this Entry

“Discretionary income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/discretionary%20income. Accessed 5 Oct. 2024.

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