DISPOSABLE INCOME Definition

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DISPOSABLE INCOME is the amount of an individuals income left after taxes which is available for spending and / or savings. See DISCRETIONARY INCOME.

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STEWARDSHIP is responsibility for taking good care of resources entrusted to one, e.g., boards of directors must show good stewardship towards the company for which they are a board member.

PARITY BIT is a redundant bit added to a string of bits to increase the accuracy of data transmission.

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