Payslip and Paycheck

Payslip noun - A slip of paper included with your pay that records how much money you have earned and how much tax or insurance etc. has been taken out.

Paycheck and payslip are semantically related. In some cases you can use "Paycheck" instead a noun "Payslip".

Paycheck noun - The money paid regularly to a person for labor or services.

Payslip and paycheck are semantically related. Sometimes you can replace term "Payslip" with "Paycheck", this nouns are similar.