disposable income

noun

1. the part of a person's income remaining after deducting personal income taxes.
2. (in national income accounting) the total disposable income of all consumers.

disposable income

noun

1. the money a person has available to spend after paying taxes, pension contributions, etc
2. the total amount of money that the individuals in a community, country, etc, have available to buy consumer goods

Word History and Origins

Origin of disposable income¹

First recorded in 1945–50

Example Sentences

There was the 1997 Asian financial crisis, a period of such belt-tightening that South Koreans were ordered to donate their gold to the government and had no disposable income to spend on rides or concessions.

From Los Angeles Times

However, Ejikeme believes this is changing as more Africans gain disposable income, they are increasingly investing in decorating their homes in a way that tells their personal story and captures their experiences.

From BBC

The National Insurance rise for employers rise weighs down disposable income and will likely hit private investment.

From BBC

This included being able to go on holidays during term time and having more disposable income.

From BBC

And the American teenager had enough disposable income to spend on frivolous quick food to accompany lighthearted music and lifestyles.

From Los Angeles Times