disposable income

noun

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

I don't have enough disposable income to buy such luxuries.

Examples of disposable income in a Sentence

Recent Examples on the Web

Worker Power, the political action committee that proposed Prop. 499, believes the wage hike will boost local economies as the workers will have greater buying power at the register and a disposable income to spend on goods and services in their communities. —Shawn Raymundo, The Arizona Republic, 5 Nov. 2024

And the American teenager had enough disposable income to spend on frivolous quick food to accompany lighthearted music and lifestyles. —Harmony Holiday, Los Angeles Times, 24 Oct. 2024

The forecast considers economic indicators such as employment, wages, consumer confidence, disposable income, consumer credit, previous retail sales and weather. —Jessica Mathews, Fortune, 15 Oct. 2024

Wages growing faster than inflation typically means that consumers have more disposable income. —Lee Ying Shan, CNBC, 11 Sep. 2024

Legal Definition

disposable income

noun

dis·​pos·​able income

: income available for disposal: as

a

: the income remaining to an individual after deduction of taxes

b

: the income of a debtor in bankruptcy that is not necessary to support the debtor or the debtor's dependents