wage bracket

wage bracket definition - business

wage bracket

  1. The pay range for a specific occupation.
  2. In tables provided by tax authorities, the pay range that determines the appropriate amount of income tax to be withheld from employee wages.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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