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discretionary income

 - 3 dictionary results
discretionary income  
n.  Individual income that is not allocated for necessary items such as food and shelter.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Discretionary Income

The amount of an individual's income that is left for spending after the essentials have been taken care of.

Investopedia Commentary

Essentials are things like food, clothing and shelter. Although some might consider Chai Lattes and the latest People magazine to be necessary, they are not essentials.

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Seven Common Financial Mistakes

See also: Disposable Income, Personal Income

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

discretionary income

Individual income that is not allocated to expenditures for necessities such as food and shelter. Increasing amounts of discretionary income are especially favorable for the prospects of firms that sell luxury or leisure items and services.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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