Definition of "spendable" [spendable]

• Capable of being spent. (adjective)

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• "A 1996 study by Linda Ginnarelli and Eugene Steuerle at the Urban Institute examined the changes in what we are calling spendable income for different hypothetical families currently on welfare if they were to become employed in a minimum-wage job.3 The tax implications include actual taxes paid, lost welfare benefits, and any expenditure necessary for the job such as commuting expenditures for both part-time and full-time employment."
• "As far as being able to spend some of the income from these gains, most of the interest and dividend payments are not in spendable form but locked in tax-sheltered investments -- only 20 per cent of U.S. households actually receive spendable dividends."
• ""When you get into this type of economy, where the consumer does not have the kind of spendable income that they had previously, they tend to do more things as a family," Neil Friedman, president of Mattel brands, said in a telephone interview."