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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
First recorded in 1880-85 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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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 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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