The sum total of all compensation that a business must pay to its employees for a set period of time or on a given date. Payroll is usually managed by the accounting department of a business. Small-business payrolls may be handled directly by the owner or an associate.
Payroll can also refer to the list of employees of a business and the amount of compensation that is due to each of them. Payroll is a major expense for most businesses and is almost always deductible as such.
Payroll can differ from one pay period to another due to overtime, sick pay and other variables.
Investment dictionary. Academic. 2012.
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payroll — pay‧roll [ˈpeɪrəʊl ǁ roʊl] noun 1. [countable, uncountable] ACCOUNTING the total amount of wages paid to all the people working in a particular company or industry: • The company has cut its total payroll by 7% since the merger. • More than half… … Financial and business terms
payroll — noun allowance, compensation, disbursement of salary, employees earnings, employees salaries, labor expense, list of paid employees, list of salaried employees, list of wages to be paid out, payment, payment for services, recompense, remuneration … Law dictionary
payroll — (n.) 1740, from PAY (Cf. pay) (v.) + ROLL (Cf. roll) (n.); total amount paid to employees over a period, hence, via records keeping, list of employees receiving pay … Etymology dictionary
payroll — ► NOUN ▪ a list of a company s employees and the amount of money they are to be paid … English terms dictionary
payroll — ☆ payroll [pā′rōl΄ ] n. 1. a list of employees to be paid, with the amount due to each 2. the total amount needed, or the money on hand, for this for a given period … English World dictionary
Payroll — In a company, payroll is the sum of all financial records of salaries, wages, bonuses and deductions.PaycheckA paycheck, or pay cheque in English, is traditionally a paper document issued by an employer to pay an employee for services rendered.… … Wikipedia
payroll — pay|roll [ˈpeırəul US roul] n 1.) on the payroll if someone is on the payroll of a company, they are employed by that company ▪ The company now has 350 people on the payroll. 2.) [U] the activity of managing salary payments for workers in a… … Dictionary of contemporary English
payroll — n. 1) to meet (esp. AE) a payroll 2) a monthly; weekly payroll * * * [ peɪrəʊl] weekly payroll a monthly to meet (esp. AE) a payroll … Combinatory dictionary
payroll — UK [ˈpeɪˌrəʊl] / US [ˈpeɪˌroʊl] noun [countable] Word forms payroll : singular payroll plural payrolls 1) a list of all the people that a company employs and the money that each of them earns 2) the number of people employed by a company… … English dictionary
payroll — pay|roll [ peı,roul ] noun count 1. ) a list of all the people that a company employs and the money that each of them earns a ) on the payroll employed by a particular company: They have approximately 100 employees on the payroll. 2. ) the total… … Usage of the words and phrases in modern English