Usually means: Income available after essential expenses.
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We found 18 dictionaries that define the word discretionary income:

General (9 matching dictionaries)
  1. discretionary income: Merriam-Webster
  2. discretionary income: Oxford Learner's Dictionaries
  3. discretionary income: American Heritage Dictionary of the English Language
  4. discretionary income: Collins English Dictionary
  5. discretionary income: Dictionary.com
  6. Discretionary income: Wikipedia, the Free Encyclopedia
  7. discretionary income: TheFreeDictionary.com
  8. discretionary income: Longman Dictionary of Contemporary English
  9. discretionary income: Wiktionary

Business (9 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Travel Industry Dictionary (No longer online)
  3. INVESTORWORDS (No longer online)
  4. DISCRETIONARY INCOME: Accounting Glossary
  5. Discretionary income: Bloomberg Financial Glossary
  6. Discretionary Income: Investopedia
  7. Discretionary income: Securities Terminology
  8. discretionary income: Financial dictionary
  9. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (discretionary income)

noun:  (economics) Disposable income minus all payments necessary to meet current bills.

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