take-home pay

American  

[teyk-hohm] / ˈteɪkˌhoʊm /

noun

1. the amount of salary remaining after deductions, as of taxes, have been made.

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take-home pay British  

noun

1. the remainder of one's pay after all income tax and other compulsory deductions have been made

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take-home pay Cultural  

1. Pay after deductions for taxes, Social Security, insurance, and other services.

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Etymology

Origin of take-home pay

First recorded in 1940–45

Example Sentences

A newly minted dentist earns around $150,000 or more, but student loans eat up a lot of their take-home pay, especially in the early years.

From The Wall Street Journal

Knight’s circumstances seemed especially bleak several years ago, when she defaulted on her student loans, prompting the government to garnish her wages, a major hit to her take-home pay.

From Salon

And he spent all of his take-home pay doing the same.

From The Wall Street Journal

Greer’s interpretation fails to take into account that lower- and middle-class Americans tend to spend a much higher percentage of their take-home pay, particularly on goods, than wealthier households.

From Barron's

The rise will equate to a take-home pay similar to what a 9.9% minimum wage rise would have seen.

From BBC

Related Words

• net income