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

American Gen Zers born in 2004 can expect their total savings to amount to 766% of their disposable income in 2063, surpassing both Gen X and millennials. —Eleanor Pringle, Fortune, 3 Oct. 2024

Along with the continued rapid development of office spaces, the industry’s also benefitting from consumers’ increased disposable income and desire for larger homes. —Pia Singh, CNBC, 2 Oct. 2024

Savings is the difference between the estimate of disposable income and the estimate of consumer expenditures. —Bill Conerly, Forbes, 8 Oct. 2024

According to the firm, shares of a few major discount retailers should outperform if middle-income consumers see higher levels of disposable income. —Pia Singh, CNBC, 23 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