- nominal wages
- Econwages that are expressed in terms of money units and are not adjusted for changes in price.U.K. term money wages
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nominal wages
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nominal wages — ➔ wage … Financial and business terms
nominal wages — n. wages stated in terms of money paid, not in terms of purchasing power … English World dictionary
nominal wages — Econ. wages measured in terms of money and not by their ability to command goods and services. Cf. real wages. [1895 1900] * * * nominal wages, wages in terms simply of money, without regard to purchasing power … Useful english dictionary
nominal wages — Econ. wages measured in terms of money and not by their ability to command goods and services. Cf. real wages. [1895 1900] * * * … Universalium
nominal wages — /nɒmənəl ˈweɪdʒəz/ (say nomuhnuhl wayjuhz) plural noun wages measured in terms of money and not by their ability to command goods and services. Compare real wages …
nominal wages — noun plural Date: 1851 wages measured in money as distinct from actual purchasing power … New Collegiate Dictionary
nominal wages — nom′inal wag′es n. pl. bus wages measured in terms of money and not by their actual purchasing ability • Etymology: 1895–1900 … From formal English to slang
nominal — /nom euh nl/, adj. 1. being such in name only; so called; putative: a nominal treaty; the nominal head of the country. 2. (of a price, consideration, etc.) named as a mere matter of form, being trifling in comparison with the actual value;… … Universalium
wages — A compensation given to a hired person for his or her services. Compensation of employees based on time worked or output of production. Every form of remuneration payable for a given period to an individual for personal services, including… … Black's law dictionary
Real versus nominal value (economics) — Economics … Wikipedia
real wages — /ree euhl, reel/ wages estimated not in money but in purchasing power. Cf. nominal wages. [1880 85] * * * real wages, wages measured in actual purchasing power … Useful english dictionary
