See Also: Disposable Income(money)
Disposable income(finance)
disposable income(encyclopedia)
disposable income(dictionary)
disposable(dictionary)
disposable(dictionary)
disposable equipment(medicine)
Other Income(money)
Income tax(finance)
income tax(encyclopedia)

subway (iou) and disposable income (sh)


subway (iou)



subway noun & verb. E19.
[from SUB- 1 + WAY noun.]
A. noun.
a. An underground passage for conveying water pipes, gas pipes, telegraph wires, etc. E19.
b. A tunnel beneath a road, river, railway, etc., for the use of pedestrians or vehicles. M19.
An underground railway. Chiefly N. Amer. L19.
Comb.: subway alumni US slang city-dwelling supporters of a college Football team who are not graduates of the college; subway series N. Amer. colloq. a series of Games between two teams in the same city.
b. verb intrans. Travel by subway or underground railway. N. Amer. colloq. E20.

disposable income (sh)




Portion of an individual's income over which the recipient has complete discretion.

To assess disposable income, it is necessary to determine total income, including not only wages and salaries, interest and dividend payments, and business profits, but also transfer income such as social-Security benefits, pensions, and alimony. Obligatory payments, including personal income taxes and compulsory social-insurance contributions, must be subtracted. Disposable income may be used for consumption or saving.