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real wageses

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real wages

[ree-uhl, reel]
–noun
wages estimated not in money but in purchasing power.
Compare nominal wages.


Origin:
1880–85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Cultural Dictionary

real wages

Wages adjusted for the prevailing level of consumer prices. (See also constant dollars.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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