pretax

adj

1. (not-comparable)Before the payment of taxes.

   “But you wouldn't just owe tax on the funds you're converting; you'd also have to take the pretax contributions and gains in all your non-Roth IRAs into account.”

verb

1. To tax before the action being taxed occurs.

   “It is the motion that says let us rescind this part that pretaxes breaking the law or that causes me to pay the penalty for other people breaking the law . Let us rescind that. If all members vote in favour of that it will pass and we […]”

   “Although cash flows arising after the sale to the nonprofit are not taxed when they arise, that result is perfectly appropriate because the cash flows were pretaxed (in expected present value) at the time of the sale.”