disposable income
Definition
Gross income of an individual or firm from which direct taxes (such as PAYE, income tax) have been deducted. When essential expenditure (such as on food, clothing, shelter) is deducted from the disposable income, the balance is called discretionary income which the income earner is free to spend or save.
disposable income is in the Accounting & Auditing and Economics, Politics, & Society subjects.
disposable income appears in the definitions of the following terms: marginal propensity to save, personal savings rate, ability to pay, forced saving, savings, poverty trap, marginal propensity to consume, consumption function, audience profile and discretionary income
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