nominal wages
plural noun Economics.
wages measured in terms of money and not by their ability to command goods and services.
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Nearby words
nominal damages, nominal par, nominal scale, nominal sentence, nominal value, nominal wages, nominalism, nominalize, nominally, nominate, nomination
Compare real wages.
Origin of nominal wages
First recorded in 1895–1900
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for nominal wages
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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