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disposable income

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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. 2009.
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Financial Dictionary

Disposable Income

The amount of after-tax income that is available to divide between spending and personal savings.

Investopedia Commentary

This also known as your take home pay.

Related Links

Seven Common Financial Mistakes

See also: Discretionary Income, Personal Income

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Financial Dictionary

disposable income

Aftertax income, calculated quarterly, that consumers have available for spending or saving. Economists view changes in disposable income as an important indicator of the present and future health of the economy. See also personal income.

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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Legal Dictionary

Main Entry: dis·pos·able income
Function: noun
: income available for disposal: as a : the income remaining to an individual after deduction of taxes b : the income of a debtor in bankruptcy that is not necessary to support the debtor or the debtor's dependents
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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