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Definition of "disposable income" []

  • The amount of a person's or group's monetary income which is available to be saved or spent (on either essential or non-essential items), after deducting all taxes and other governmental fees. (noun)

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Use "disposable income" in a sentence
  • "Part of FDR’s rationale in passing these laws came straight out of Keynesian economics: One cure for economic depression was putting more disposable income in the pockets of American workers."
  • "In 1960 Ifigenia Martinez, a researcher at the economics school, conducted a study that showed that about 78 329 percent of disposable income in Mexico went to only the upper 10 percent of Mexican society."
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