Pretax
(adjective)
Before taxes are applied; before deductions or reductions are made.
Origin:
From the latin prae (before) + tax (tax). first recorded in english in the early 20th century.
Examples:
- The company's pretax profit was $10 million.
- He earns a pretax salary of $80,000 a year.
- I calculated my pretax income for this year.
- We are going to put the money in a pretax account.
- The pretax price of the car was $15,000.