salary cap

Definition

The limit placed on a salary paid out to employees set and enforced by the government or another organization.

Use salary cap in a sentence

  • You need to know if there is a salary cap for your line of work so that you know the max you could ever make.

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  • When I started my new job with the state I wanted to get paid $80,000 per year, but the state legislature placed a salary cap on all new hires and my yearly salary was only $75,000.

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  • I thought that if we traded for that player then we would go over the salary cap, which would not be good for us in the future.

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