Definition of disposable income in English:
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.
Definition of disposable income in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.