Share this entry

Share this page

disposable income

Syllabification: dis·pos·a·ble in·come

Definition of disposable income in English:

noun

Income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes. Compare with discretionary income.
Example sentences
  • So when that pensioner in my constituency is paying a third of her income, her disposable income, on council tax, is that social justice?
  • Then disposable income for the private sector would clearly be reduced, creating an income effect.
  • The poorest fifth in society spent 7.2 percent of their disposable income on council tax in 2000.

Definition of disposable income in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day terpsichorean
Pronunciation: ˌtəːpsɪkəˈriːən
adjective
relating to dancing