How to Read Your Paycheck Stub Abbreviations? You might not recognise all the acronyms on your pay stub when you get your paycheck. Understanding how to understand your pay stub abbreviations is essential if you want to ensure that you are being paid fairly. The following list of abbreviations and their definitions includes: Your gross pay is your complete income before any taxes or other withholdings are made. Net pay: Your take-home salary after deductions for taxes and other expenses. […]