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Definition of pay as you earn noun from the Oxford Advanced Learner's Dictionary

pay as you earn

noun
 
/ˌpeɪ əz juː ˈɜːn/
 
/ˌpeɪ əz juː ˈɜːrn/
(abbreviation PAYE)
[uncountable]
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  1. a British system of paying income tax in which money is taken from your wages by your employer and paid to the government compare withholding taxTopics Working lifec2

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