paycutoff

noun
UK /ˈpeɪˌkʌtɒf/
US /ˈpeɪˌkʌtɔf/

The last day you can get your money.

The paycutoff for this month is Friday, so send your hours in before then.


OTHER MEANINGS

2. The point where a company stops paying for extra work.

After the paycutoff, any overtime needs a manager's approval.

3. The final moment to claim money you are owed.

He missed the paycutoff and had to wait until next month.

4. A limit on how much someone can be paid.

The new paycutoff means no one earns more than the set amount.