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real wages

[ree-uh l, reel] /ˈri əl, ril/
plural noun, Economics
wages estimated not in money but in purchasing power.
Compare nominal wages.
Origin of real wages
1880-85 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for real-wages

real wages

plural noun
(economics) wages evaluated with reference to their purchasing power rather than to the money actually paid Compare 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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real-wages in Culture

real wages definition

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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