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

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

East Germans still lag behind west Germans in disposable income and inherit only half as much wealth. —Lenora Chu, The Christian Science Monitor, 8 Nov. 2024

From memory, the overwhelming majority of household disposable income in the UK goes to a handful of retailers per household. —David G.w. Birch, Forbes, 6 Nov. 2024

With spending outpacing income gains (including disposable income increases that were also up 0.3%), consumers drew down their savings more. —Alicia Wallace, CNN, 31 Oct. 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