plural noun Economics.
wages measured in terms of money and not by their ability to command goods and services.
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A bet is synonymous with a wager, but what does it mean in New York?
Compare real wages.
Origin of nominal wages
First recorded in 1895–1900
Words nearby nominal wages
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for nominal wages
another name for 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