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nominal wages

plural noun, Economics
1.
wages measured in terms of money and not by their ability to command goods and services.
Compare real wages.
Origin of nominal wages
1895-1900
1895-1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for nominal wages
Contemporary Examples
Historical Examples
  • Now let us see what the workman could do to advance real wages as contrasted with nominal wages.

    Creating Capital Frederick L. Lipman
  • But protection has not even raised the nominal wages in most of the unprotected industries.

  • nominal wages had been actually forced down below the starvation point.

  • They sailed for nominal wages and primage, or five per cent of the gross freight paid the vessel.

    The Old Merchant Marine Ralph D. Paine
  • With an honest money, real and nominal wages coincide, and a rise or fall of wages is known at once as a benefit or an injury.

    Honest Money Arthur Isaac Fonda
  • On the basis of the same proportion as in 1920 we arrive at an increase of 10 times in the nominal wages of workmen.

    A Revision of the Treaty John Maynard Keynes
British Dictionary definitions for nominal wages

nominal wages

plural noun
1.
another name for money wages
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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9
13
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