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

That was the personal savings rate in September, according to Thursday’s report, which tracks the percentage of Americans’ monthly disposable income remaining after taxes and expenditures. —Derek Saul, Forbes, 31 Oct. 2024

Join 99 others in the comments View Comments The saving rate (personal saving as a percentage of disposable income) fell to its lowest point of the year, at 4.6%. —Alicia Wallace, CNN, 31 Oct. 2024

Many drinkers are turning to cheaper alternatives or going completely sober as a combination of high inflation and interest rates left them with less disposable income each month. —Byryan Hogg, Fortune Europe, 8 Oct. 2024

Why shouldn’t someone with incredible wealth and massive disposable income pay the same percentage in taxes as the middle class? —Letters To The Editor, The Mercury News, 9 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