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.
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Disposable Income is an album by English punk rock band, Snuff. It was released in March, 2003 on the Union Local 2112 record label. The band previously released many albums on American independent label, Fat Wreck Chords.