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disposable income

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Disposable Income
The amount of after-tax income that is available to divide between spending and personal savings.

Notes:
This also known as your take home pay.

Disposable income
The amount of personal income an individual has after taxes and government fees, which can be spent on necessities, or non-essentials, or be saved.
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.
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