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nominal wages

noun, Economics
1.
wages measured in terms of money and not by their ability to command goods and services.
Compare real wages.
Origin
1895-1900
1895-1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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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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