Spendable
(adjective)
Able to be used to purchase goods or services.
Origin:
The word "spendable" is derived from the verb "to spend" which means to use up or pay out money and it refers to the money that can be used to purchase goods or services.
Examples:
- The spendable income for the family is $3000 a month.
- The employee was given a spendable allowance for business expenses.
- The company had a spendable budget for the year.
- The individual had a spendable amount of cash in their pocket.
- The customer had a spendable credit limit on their credit card.