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
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As of the third quarter of 2024, debt payments accounted for 11.3% of disposable income, which is the highest since the first quarter of 2020. Alicia Wallace, CNN, 13 Feb. 2025 Abe also said the ratio of debt to net disposable income was 186% in 2023 in South Korea, having ballooned from 130% in 2008. Lim Hui Jie, CNBC, 3 Feb. 2025 This is largely due to the archipelago’s extremely low levels of disposable income compared to virtually every other state. Madeline Fitzgerald, Quartz, 3 Jan. 2025 The rating is slightly skewed by the state having the lowest average disposable income, $5,929 per working resident. Therese Boudreaux | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 29 Dec. 2024 See all Example Sentences for disposable income 

Dictionary Entries Near disposable income

Cite this Entry

“Disposable income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/disposable%20income. Accessed 23 Feb. 2025.

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
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