salary sacrifice
n.— «The vouchers can be used to pay for care for children up to the age of 16. To receive the vouchers parents must apply to make what is called a “salary sacrifice.” While this sounds painful all it means is they agree to give up some of their weekly wage or monthly salary in return for vouchers.» —“Making sacrifices for little Louis or Louisa” MoneyExpert (Newton-le-Willows, United Kingdom) May 20, 2008. (source: Double-Tongued Dictionary)
Further reading
In 1916, a small-town newspaper in Pennsylvania printed a fanciful item about a local gathering with a guest list that included, among others, Miss Ella Vader, Mr. Ray Zor, and other punny names. This is part of a complete episode. Transcript of...
If you vouch for something, you guarantee that what you’re saying is true. In the early 14th century, vouch was a transitive verb that meant “to summon into court to prove a title.” Vouch was adapted into English from an Old French word meaning “to...