disposable income inEconomics topic From Longman Dictionary of Contemporary Englishdisˌposable ˈincomenoun[uncountable]the amount of money you have left to spend after you have paid your taxes,billsetcExamples from the Corpusdisposable income•Economy: Docustomershave enoughdisposable income?•In...
disposable income Thesaurus Financial Wikipedia n 1.(Economics) the money a person has available to spend after paying taxes, pension contributions, etc 2.(Economics) the total amount of money that the individuals in a community, country, etc, have available to buy consumer goods ...
Learn the definition of disposable income and why it is important. Understand the impact of disposable income on business, government, and...
Disposable income involves a further adjustment to exclude obligatory payments in the form ofdirect taxes, compulsory payments to social-insurance schemes, and the like and to include simple transfers from other persons, institutions, or the government such as social-security benefits, pensions, and a...
income (ˈɪnkʌm; ˈɪnkəm) n 1. (Economics) the amount of monetary or other returns, either earned or unearned, accruing over a given period of time 2. (Commerce) receipts; revenue 3. rare an inflow or influx [C13 (in the sense: arrival, entrance): from Old English...
The portion of disposable income that could be withheld can be a maximum of 25% of an individual’s disposable income or the amount that results in an individual’s weekly income to be greater than 30 times the minimum federal income, whichever is lower. While calculating the disposable income...
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You have “disposable income.” But don’t go on a spending spree yet. Just because you have disposable income does not mean you also have “discretionary income.” Of all the terms in personal finance and budgeting, these are two of the most important. Understanding what disposable income ...
Autonomous consumption is defined as theexpendituresthat consumers must make even when they have nodisposable income. Certain goods need to be purchased, regardless of how much income or money a consumer has in their possession at any given time. When a consumer is low on resources, paying for...
In economics, a demand schedule is a table that shows the quantity demanded of a good at different price levels.