What is the meaning of Net Pay?

Net Pay is the amount of salary left or clear after taxes and other deductions are taken. Different than gross pay, which is the amount of salary earned before income is taxed and other deductions are taken. Lenders look at your gross and net pay to help decide how much money to lend you.

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APABarry Goldsmith. (2010). net pay. Retrieved September 20, 2026, from http://smartdefine.org/net_pay/definitions/1158971
ChicagoBarry Goldsmith. 2010. "net pay" http://smartdefine.org/net_pay/definitions/1158971 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, net pay, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/net_pay/definitions/1158971>.
MLABarry Goldsmith. "net pay" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/net_pay/definitions/1158971>