Disposable income definition

Disposable income means that part of the income due and payable of any individual remaining
Disposable income means that part of the income due and payable of any individual remaining after the deduction of any amount required by law to be withheld.
Disposable income means adjusted gross income as defined in

Examples of Disposable income in a sentence

  • Disposable income is currently defined to leave borrowers without sufficient income to cover basic living expenses as it does not consider the cost of childcare, housing, food, and other basic necessities.

  • Disposable income increased during the period after bonuses were paid across the massive Indian public sector.

  • Disposable income is total income less direct taxes (net of refunds), compulsory fees and fines, social security contributions as well as compulsory and quasi-compulsory inter-household transfers paid.


More Definitions of Disposable income

Disposable income means current monthly income
Disposable income means income or earnings less any amounts required by law to be withheld, including but not limited to federal, state, and local taxes, Social Security, and public assistance payments;
Disposable income means gross income less deductions required by law for taxes and social security.
Disposable income means adjusted gross income as defined in the federal internal revenue code, as amended prior to January 1, 1989, or such subsequent date as the director may provide by rule consistent with the purpose of this section, plus all of the following items to the extent they are not included in or have been deducted from adjusted gross income:
Disposable income means that part of the income of an individual remaining after the de- duction from the income of any amounts required to be withheld by law except laws enforcing spousal or child support and any amounts withheld to pay medical or dental insurance premiums.
Disposable income means adjusted gross income as defined in the federal Internal Revenue Code, as amended prior to January 1, 1994, plus all of the following items to the extent they are not included in or have been deducted from adjusted gross income:
Disposable income means gross income less deductions required by law for