nominal wages
noun plural Date: 1851 wages measured in money as distinct from actual purchasing power

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • 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 …   Australian English 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

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