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

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

Workers will also benefit from a 4.8% uplift in National Insurance thresholds, leaving workers with more take-home pay, with rates for employees and employers remaining unchanged.

From BBC

Governments have historically raised tax thresholds in line with inflation, to try to ensure your take-home pay keeps up with the cost of living.

From BBC

Rent eats up more than half of Imeh’s take-home pay, which was slimmed after a credit-card company started garnishing part of her wages to pay off her card debts, she said.

From The Wall Street Journal

Related Words

• net income