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

More and more adults are joining the sport, especially as baby boomers hit retirement age, with more leisure time and disposable income. —R. Scott Rappold, The Denver Post, 5 Dec. 2024

Although many of the businesses connected to the airline industry make their money in the skies, lounges are growing as an earthbound means to draw some of the spending of travelers with disposable income. —Melvin Backman, Quartz, 23 Oct. 2024

But its offerings are similarly coveted by collectors who have the wherewithal and disposable income to buy the highest of high-end whiskies. —Tony Sachs, Forbes, 21 Oct. 2024

Those new residents would spend $3 billion in disposable income over 30 years − providing benefits for downtown stores, restaurants and other businesses, according to the study. —Tom Daykin, Journal Sentinel, 21 Nov. 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