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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
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.
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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.
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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
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“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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