Definition of disposable income in English:
Income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes: the rents of tenants in work reached 21 per cent of disposable income [count noun]: car-makers need to persuade consumers to part with an ever-bigger slice of their disposable incomes Compare with discretionary income.
More 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:
- US English dictionary