disposable income

noun

Definition of disposable income

: income that is left after paying taxes and for things that are essential, such as food and housing
  • I don't have enough disposable income to buy such luxuries.

Word by Word Definitions

disposable play
  1. : subject to or available for disposal

  2. : designed to be used once or only a limited number of times and then thrown away

  1. : something that is disposable

income play
  1. : a coming in : entrance, influx

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


Law Dictionary

disposable income

noun dis·pos·able income

legal Definition of disposable income

: income available for disposal: as
a : the income remaining to an individual after deduction of taxes
b : the income of a debtor in bankruptcy that is not necessary to support the debtor or the debtor's dependents

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