disposable income

n.

1.

(Economics) that portion of income which is available for spending on discretionary purchases; for individuals, it is usually calculated as total income less taxes. National disposable income, which is the disposable income of all individuals and businesses, is calculated as total national income minus taxes plus transfer payments.

Noun

1.

disposable income - income (after taxes) that is available to you for saving or spending

income, revenue enhancement, tax, taxation