take-home pay

Definition

The pay actually received by an employee after adding bonuses and deducting taxes, health care premiums, and retirement savings plans.

Use take-home pay in a sentence

You should always make sure that your take-home pay will be able to fully cover your budget for the long term.

​ Was this Helpful? YES  NO 9 people found this helpful.

With all the overtime he worked he was veey disgrunted to seenthst taxes had a huge impact on his take-home pay.

​ Was this Helpful? YES  NO 11 people found this helpful.

Even though Bill made almost sixty thousand a year his take-home pay was less than half of that, after all that was taken out for child support.

​ Was this Helpful? YES  NO 3 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
takedown disposable personal income