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nominal wages

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nominal wages

 
Use nominal wages in a Sentence
–noun Economics.
wages measured in terms of money and not by their ability to command goods and services.
Compare real wages.

Origin:
1895–1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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nominal wages  
pl.n.  Wages measured in terms of money paid, not in terms of purchasing power.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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