Definition for discretionary income - Oxford Dictionaries Online (World English)

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	discretionary income (dis\|cre¦tion\|ary in¦come) noun [mass noun] income remaining after deduction of taxes, social security charges, and basic living costs. Compare with disposable income.		More words in this category common market cooperation econometrics financial food chain invisible inward investment managed currency migration military-industrial complex mixed economy money illusion most favoured nation output rateable shelter tax loss tiger turnover weighting Nearby Words discovery discovery well discredit discreditable discreet discrepancy discrete discretion discretionary discretionary income discretionary trust discretize discriminable discriminant discriminant analysis discriminant function discriminate discriminating discrimination