withholding

withholding definition - legal

n

  1. The portion of earned wages that an employer deducts to cover income tax purposes and forwards to the government.
  2. The process by which the employer makes the deduction. See also W-2 form and W-4 form.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.