pretax

adjective

pre·​tax ˌprē-ˈtaks How to pronounce pretax (audio)
variants or pre-tax
: existing before provision for taxes : before taxes are deducted
pretax earnings/profits
The most common self-directed plans, 401(k) plans, leave it up to employees to voluntarily contribute part of their pretax salary.Ellen E. Schultz

Examples of pretax in a Sentence

Recent Examples on the Web Shariah-compliant finance now contributes over 25% of pretax profits for Maybank, No. 17 on Fortune’s inaugural Southeast Asia 500 list. Eleanor Pringle, Fortune, 21 June 2024 For the full-year 2023, GM pretax profits dropped more than 14% to $12.4 billion compared with $14.5 billion in 2022, according to Free Press reports. Phoebe Wall Howard, The Courier-Journal, 12 June 2024 While adjusted pretax profits and cash flow will remain the primary financial performance measures, the plan will also incorporate specific performance measures connected to performance of gasoline vehicles, EVs, AV launches and software and services. Jamie L. Lareau, Detroit Free Press, 24 Apr. 2024 Inequality is rooted in countries’ pretax income distributions. Daron Acemoglu, Foreign Affairs, 20 June 2023 See all Example Sentences for pretax 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pretax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1917, in the meaning defined above

Time Traveler
The first known use of pretax was in 1917

Dictionary Entries Near pretax

Cite this Entry

“Pretax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pretax. Accessed 2 Jul. 2024.

Legal Definition

pretax

adjective
pre·​tax
ˌprē-ˈtaks
: existing or occurring before the assessment or deduction of taxes
pretax income
pretax contributions
Last Updated: - Updated example sentences
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