Disposable income (take-home pay)

In relation to a private household, the gross amount of money received less taxes and social security contributions withheld (the amount of money an individual “takes home” in their paycheque after taxes, benefits costs, retirement contributions and all other employer withholdings are deducted). – Cf. ECB Monthly Bulletin, June 2014, pp. 77 ff. (disposable income in the euro area and in individual member states since 2006; overviews).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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