Noun
discretionary income (countable and uncountable, plural discretionary incomes)
(economics) Disposable income minus all payments necessary to meet current bills.
If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth. Maria Bartiromo
Here, the goods were bought to display wealth ( discretionary income ), rather than for their practical utility. Source: Internet
At the heart of our Framework is the principle of a 'living wage' – that is, one that gives our employees enough to "provide for their family's basic needs, for food, housing, education and healthcare as well as some discretionary income." Source: Internet
My mother took care of him and all of their discretionary income was eaten up paying for his prescription medications,” Bourdeaux said. Source: Internet
Perhaps those with the same sentiments as those of Senator Kibbie will not be so game, so to speak, when there remains little discretionary income for such sin taxes to generate anticipated windfall profits. Source: Internet
“Many of us are under financial constraints due to COVID-19, but if you have discretionary income, go to Fabulux’s website (or any local independent-clothing boutique of your choice) and buy something. Source: Internet