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What does paycheck mean?

A paycheck is the bank check that is given to an employee by their employer to pay them for their work.Paycheck is also used more generally to refer to the money a person is paid for their work, as in Most of my paycheck goes to paying rent and bills. It can refer to wages (payment based on the time spent working or the number of items worked on) or a salary (a set amount paid over time).A paycheck can be an actual piece of paper (a check) that a person can take to the bank to deposit to their account or exchange for cash. Alternatively, a paycheck can be money a company electronically deposits directly into the employee’s bank account. This is often referred to as a direct deposit.Paychecks are often issued to employees every two weeks, but they can also be given weekly, bimonthly, or monthly. Typically, a paycheck also includes information about the  taxes and deductions that have been taken out of an employee’s pay.Paychecks are the most common method of payment in the U.S. for most part-time and full-time employees. Jobs that involve payments of cash or other compensation are much less common.Example: I’m thankful that my work allows me to earn a steady paycheck, but I dream of starting my own business.