noun, noun which may take the genitive case particle 'no'
Primarily used in the economic term 可処分所得 (disposable income). As a noun or no-adjective, it refers to something that can be freely used or disposed of.
可処分所得が増えると、消費も増える傾向がある。
When disposable income increases, consumption tends to increase as well.
可処分時間を有効に使いたい。
I want to use my disposable time effectively.
Compound of 可 (possible) + 処分 (disposal, handling). The combination yields the meaning 'able to be disposed of' or 'disposable'.