Financial Glossary
Definitions of common financial and tax terms to help you understand your paycheck and taxes.
Showing 3 of 20 terms in Salary
Gross Pay
SalaryThe total amount of money you earn before taxes and other deductions are taken out of your paycheck.
Net Pay
SalaryThe amount of money you take home after all taxes and deductions have been subtracted from your gross pay. Also known as take-home pay.
Year-to-Date (YTD)
SalaryThe period from the beginning of the current calendar year or fiscal year to the current date. YTD figures on your pay stub show cumulative earnings and deductions for the year so far.