disposable income

noun
1.
the part of a person's income remaining after deducting personal income taxes.
2.
(in national income accounting) the total disposable income of all consumers.

Origin:
1945–50

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
disposable income
 
n
1.  the money a person has available to spend after paying taxes, pension contributions, etc
2.  the total amount of money that the individuals in a community, country, etc, have available to buy consumer goods

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Disposable income is always a great word to know.
So is callithumpian. Does it mean:
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
the offspring of a zebra and a donkey.
Example sentences
So parting with some of your disposable income is less painful.
It's not that they're wallowing in money, but they certainly have enough
  disposable income to support their eccentricities.
Disposable income equals the earnings left after certain required deductions.
The surge in oil prices is eating into disposable income and being felt in
  consumer spending.
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