The term "net wage" refers to an employee's take-home pay after all taxes and other deductions have been subtracted. Sometimes called "net pay" or "after-tax income," it represents the amount of money that an employee has to spend or save as they choose. There are a number of synonyms for the term "net wage," including "net earnings," "net income," and "net salary." Other related terms include "gross wage" (which is the total amount earned before deductions) and "disposable income" (which is the amount that remains after subtracting essential expenses like rent, utilities, and food). Understanding these different terms can help workers better manage their finances and plan for their future.