What term refers to the amount of salary remaining after taxes have been withheld?

The term that refers to the amount of salary remaining after taxes have been withheld is known as net salary. This figure represents the actual income that an employee takes home after all deductions, including federal, state, and local taxes, as well as any other withholdings like social security and health insurance.

While "take-home pay" is often used interchangeably with net salary, it is more of a colloquial term. Gross salary, on the other hand, is the total amount earned before any deductions, which is fundamentally different from net salary. Base salary typically refers to the core compensation paid to an employee without bonuses, commissions, or additional benefits. Understanding the distinction between these terms is crucial for financial planning and salary negotiation.