discretionary income

Definition of discretionary income

  1. :  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.

Word by Word Definitions

  1. :  left to individual choice or judgment :  exercised at one's own discretion

    :  available for discretionary use

  1. :  a coming in :  entrance, influx

    :  a gain or recurrent benefit usually measured in money that derives from capital or labor

    :  the amount of such gain received in a period of time

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capable of being understood in two ways

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