take-home pay

[teyk-hohm]
noun
the amount of salary remaining after deductions, as of taxes, have been made.

Origin:
1940–45

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
take-home pay
 
n
the remainder of one's pay after all income tax and other compulsory deductions have been made

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Cultural Dictionary

take-home pay definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
Net pay, or take-home pay, is the amount the employee receives after deductions.
The training interfered with their productivity in the short term, and hence
  with their take-home pay.
There is plenty of scope to reduce labor cost without cutting worker's
  take-home pay.
But to meet him you wouldn't know that his take-home pay is over a million
  dollars a year.
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