Definition of "Disposable income"

Sue  Pinney real estate agent

Written by

Sue Pinneyelite badge icon

Coldwell Banker Cornerstone

Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a critical factor to consider by prospective homebuyers.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Ratification is typically required when an individual makes a decision. Still, they don’t have the legal authority to make it legally enforceable. In everyday discourse, ratification ...

The quality of life enjoyed by a person depending on factors such as spendable income, housing conditions, health and education. ...

Use of borrowed funds to enhance expected returns. It is anticipated that the investment will earn a return exceeding the after-tax cost of borrowing. ...

In regards to , in the matter of. Formal judicial method of entitling a matter before it. ...

Financial standing of a debtor as a basis to pay obligations. ...

Regular rental of property between the lessee and lessor for a fee. An operating lease does not satisfy the criteria for a capital lease. An example is renting an apartment. A lessee ...

Property held by an individual, such as furniture. ...

The term foraging comes from the old germanic language, which passed through Old French “fuerre” and “fourrage” and it means the search for wild food resources. ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...

Popular Real Estate Questions