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disposable income
noun
- the part of a person's income remaining after deducting personal income taxes.
- (in national income accounting) the total disposable income of all consumers.
disposable income
noun
- the money a person has available to spend after paying taxes, pension contributions, etc
- the total amount of money that the individuals in a community, country, etc, have available to buy consumer goods
Word History and Origins
Origin of disposable income1
Example Sentences
"The effect of tariffs announced on April 2 and associated uncertainty offset the expected strengthening of private consumption with above-inflation wage growth boosting household disposable income," its World Economic Outlook report said.
Once seen as taboo, plastic surgery has exploded in popularity over the last 20 years in China, fuelled by rising disposable incomes and shifts in social attitudes, in large part driven by social media.
The Yale University Budget Lab forecast last week that Trump’s tariffs would lead to a $4,689 decline in the average U.S. household’s disposable income.
So millennials might technically be wealthier, but that doesn’t mean they have more disposable income.
This is measured by real household disposable income which is expected to rise by 0.5% a year on average between now and 2030.
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