take-home pay

\ ˈtāk-ˌhōm- How to pronounce take-home pay (audio) \

Definition of take-home pay

: income remaining from salary or wages after deductions (as for income-tax withholding)

Examples of take-home pay in a Sentence

Recent Examples on the Web These employees see a big increase in pay per hour, total take-home pay, and overall benefits versus their previous jobs. al, "How Amazon drove Alabama warehouse workers to unionize," 18 Dec. 2020 After removing these non-holiday gifts, the typical U.S. family spends about 1 percent of its annual take-home pay on gifts. Arkansas Online, "OPINION | JAY L. ZAGORSKY: Budgeting for holiday gift-giving," 6 Dec. 2020 Rent and car payments account for half their take-home pay, and child care another quarter of it. Sam Whiting, SFChronicle.com, "Working family gets help with rent after COVID-19 cuts their hours," 4 Dec. 2020 Pay bumps tied to the pandemic have been relatively modest, but raising wages a few dollars an hour can amount to a large increase in a retail worker’s take-home pay. Michael Corkery, New York Times, "Virus Cases Rise, but Hazard Pay for Retail Workers Doesn’t," 19 Nov. 2020 One 2019 study by TD Bank found that student debt holders under the age of 40 spent on average 20 percent of their take-home pay on their student loans. Arkansas Online, "OPINION | HELAINE OLEN: A chance to reduce student-loan debt," 15 Nov. 2020 Earlier this year, an analysis from Wharton's business school estimated that the average workers's take-home pay could drop by $216, if all of Biden's tax plans were implemented. Aimee Picchi, Irina Ivanova, CBS News, "Biden and the economy: What it means for you wallet," 10 Nov. 2020 According to one study by TD Bank, student debt holders under the age of 40 spent on average 20 percent of their take-home pay on student loans. Alison Medley, Chron, "Student debt forgiveness could be a reality under a Biden administration," 12 Nov. 2020 Halifax County residents spend more than half their income on rent, far above the one-third of take-home pay housing experts say is manageable. Matt Vasilogambros, Tim Henderson, USA TODAY, "'At a huge disadvantage': How this North Carolina county struggles to find polling places," 31 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'take-home pay.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of take-home pay

1942, in the meaning defined above

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Time Traveler for take-home pay

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The first known use of take-home pay was in 1942

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Last Updated

7 Jan 2021

Cite this Entry

“Take-home pay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/take-home%20pay. Accessed 17 Jan. 2021.

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More Definitions for take-home pay

take-home pay

How to pronounce take-home pay (audio)

English Language Learners Definition of take-home pay

: the amount of money that a person earns after taxes and other amounts have been subtracted

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