guaranteed annual wage
noun
a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year.
Nearby words
guaracha, guarana, guarani, guarantee, guaranteed annual income, guaranteed annual wage, guaranteed bond, guaranteed stock, guarantor, guaranty, guaraní
Origin of guaranteed annual wage
First recorded in 1935–40
Also called annual wage.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019