disposable income

American  

noun

1. the part of a person's income remaining after deducting personal income taxes.

2. (in national income accounting) the total disposable income of all consumers.

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disposable income British  

noun

1. the money a person has available to spend after paying taxes, pension contributions, etc

2. the total amount of money that the individuals in a community, country, etc, have available to buy consumer goods

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Etymology

Origin of disposable income

First recorded in 1945–50

Example Sentences

Average disposable income - a measure of people's earnings after tax - will rise by just 0.5% over each of the next five years, according to the Office for Budget Responsibility - the government's official forecaster.

From BBC

Consumption increased at a faster rate than gross disposable income, it said.

From The Wall Street Journal

They prowled top school districts favored by parents and looked for neighborhoods near Starbucks coffee shops, which signal disposable income.

From The Wall Street Journal

Per capita disposable income in cities is less than $700 a month, while in the countryside as many as several hundred million people subsist on just a few dollars each day.

From The Wall Street Journal

Personal shopping is also a tool for stores to reel in wealthier consumers with disposable income to spend, a prized target.

From The Wall Street Journal