Income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes. Compare with discretionary income.
- 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.
For editors and proofreaders
Syllabification: dis·pos·a·ble in·come
Definition of disposable income in:
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