Meaning of the word pretax in English
What does pretax mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
pretax
US /ˌpriːˈtæks/
UK /ˌpriːˈtæks/
Adjective
before taxes have been deducted
Example:
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The company reported a pretax profit of $5 million.
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Employees can contribute to their retirement plan on a pretax basis.