There are several synonyms for the term "wages after tax." Some common phrases that are used interchangeably with this term include net pay, take-home pay, after-tax income, and disposable income. Net pay refers to the amount of money an individual earns after all taxes and deductions are taken out of their paycheck. Take-home pay refers to the amount of money an individual actually receives in their bank account, after taxes and other deductions. After-tax income is simply the amount of money earned after all taxes have been paid. Finally, disposable income refers to the amount of money an individual has left over after all bills and expenses have been paid.