discretionary income

noun

Definition of discretionary income

: income that is left after paying for things that are essential, such as food and housing She has enough discretionary income to pay for a nice vacation each year.

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Cite this Entry

“Discretionary income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/discretionary%20income. Accessed 22 Feb. 2020.

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