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.

Examples of discretionary income in a Sentence

Recent Examples on the Web Not yet clear is how millions of people suddenly having less discretionary income might affect the economy. Time, 30 Sep. 2023 The company said Wednesday its customers have less discretionary income. Anne D'innocenzio, Fortune, 15 Nov. 2023 Though the rate at which prices are rising has eased significantly, the overall increase in prices is starting to weigh on consumers, limiting the amount of discretionary income at their disposal. J. Edward Moreno, New York Times, 24 Nov. 2023 These issues can impact public perceptions as well as personal discretionary income, which in turn can affect traffic to dining rooms, Thomas said. Tim Carman, Washington Post, 10 Nov. 2023 The theory that contributes to the notion that forgiving student debts stimulates demand by allowing more people access to more discretionary income overstates the amount of debt this maneuver is designed to relieve. Noah Rothman, National Review, 9 Oct. 2023 Here are some other specifics: For borrowers who have undergraduate loans only, their payments will now be capped at 5% of their discretionary income. Alia Wong, USA TODAY, 23 Aug. 2023 Borrowers have to pay just 5% of their discretionary income toward student loans, rather than 10%. Susan Tompor, Detroit Free Press, 10 Aug. 2023 First, think about your actual discretionary income. Dorian Smith-Garcia, Parents, 24 Sep. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'discretionary income.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near discretionary income

Cite this Entry

“Discretionary income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/discretionary%20income. Accessed 25 Feb. 2024.

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