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English definition of “take-home pay”

take-home pay

noun [U]     ( also take-home, also take-home income)
HR, WORKPLACE the amount of money that you earn each month after tax, etc. has been taken away: Non-mortgage debt payments shouldn't exceed 10 to 15% of monthly take-home pay. Average take-home of first-year officer: $66,000.
→ Compare disposable income
(Definition of take-home pay noun from the Cambridge Business English Dictionary © Cambridge University Press)
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