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      Salary

      /ˈsæləri/

      Meaning & Definition

      noun
      A fixed, regular payment made by an employer to an employee, typically calculated on a monthly or annual basis.
      Her annual salary has increased significantly since she was promoted last year.
      Compensation for work, often expressed as a yearly amount.
      He was thrilled to receive a substantial salary after completing his apprenticeship.
      A sum of money paid to a worker for their services.
      The company offers a competitive salary package for new hires.

      Etymology

      Late Middle English: from Latin 'salarium', from 'sal', meaning 'salt'; originally referring to money given to Roman soldiers to buy salt.

      Common Phrases and Expressions

      salary increase:
      An increase in the amount of money paid to an employee as compensation.
      annual salary:
      The total amount of money an employee earns in one year before taxes and deductions.
      base salary:
      The initial rate of compensation an employee receives, not including bonuses and additional benefits.

      Related Words

      wage
      A fixed regular payment earned for work, typically calculated by the hour, day, or piece.
      bonus
      An additional payment awarded to an employee beyond their normal salary.
      commission
      A fee paid to an employee or agent based on sales or performance.

      Slang Meanings

      Cheddar
      He makes a lot of cheddar working in finance.
      Dough
      She needs to save up some dough for her vacation.