Disposable/Discretionary income
Discretionary income
The amount of income which a consumer has available after purchasing essentials such as food and shelter.
Discretionary Income
the balance of a person's income which is available for spending after payment of the basic necessities of life and fixed commitments such as mortgage, rent and rates. See
Disposable Income.
Discretionary Income
the amount of an individual's income available for spending after the essentials (such as food, clothing, and shelter) have been taken care of (see disposable income).