What is The Definition of Disposable Income?
Disposable Income can be defined as, Disposable Income, also called Personal Disposable Income (DPI), is the amount that a household has made available for spending and saving after recording income tax. Disposable personal income is often monitored as one of the economic indicators used to assess the overall health of the economy.
Personal income after payment of personal taxes and non-commercial government fees.
Literal Meanings of Disposable Income
Meanings of Disposable:
Dispose of items after use.
(Equipment) is intended to be used once or until further notice and then discarded.
(Especially financial assets) are easily accessible to owners when needed.
Sentences of Disposable
Don't buy disposable items such as razor blades, cups and plates
Make a mental inventory of your available assets.
Synonyms of Disposable
replaceable, usable, throwaway, non-returnable, expendable, obtainable, one-use, available, spendable, accessible
Meanings of Income:
The amount received for regular work or investment.
Sentences of Income
Have a good house and a decent income
Synonyms of Income
earnings, emolument, stipend, remuneration, salary, pay, wages