paycheck /ˈpeɪ.t͡ʃɛk/noun 1forms 1phrases 1 noun1 •(US) A periodic payment, usually in the form of a paper check, received by an employee from an employer for work performed.He was delighted after getting his first paycheck, but subsequently blew it all on the horses. formspaychecks Phrases with paycheck live paycheck to paycheckTo have the entirety of one's earnings consumed by living expenses, thus having nothing left over to save; to make just enough (money, etc.) to survive; to scratch by.