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What is net pay?

What is net pay? Here are some definitions.

Noun
  1. What remains from gross pay after taxes and other deductions have been taken away
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Examples
My gross pay now is going to be less than my net pay before.
And the dole office will reduce our dole by an amount calculated on the gross pay, not the post-tax net pay.
The positions have a net pay of around 25 000 Euros for 12 months.
While the above factors will assist you in your explanation, there are many other factors that may have an effect on the employee's net pay.
If tax-withholding rates were changed, all the net pay cells would be recomputed.
The transfer advance payment is an estimation of net pay, without deductions.

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