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disposable income

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.02 sec.

disposable income

Portion of an individual's income over which the recipient has complete discretion. To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also transfer income such as social-security benefits, pensions, and alimony. Obligatory payments, including personal income taxes and compulsory social-insurance contributions, must be subtracted. Disposable income may be used for consumption or saving.



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The average household had pounds 162 in disposable income a week after paying all of their bills during October, pounds 10 up on the same month in 2008, according to Asda.
4 percent rise in real, or inflation-adjusted disposable income, the report showed.
A SURVEY carried out in the Midlands has revealed that one in ten people expect their disposable income in their household to increase in 2009.
 
 
 
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