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nominal wages

plural noun

, Economics.
  1. wages measured in terms of money and not by their ability to command goods and services.


nominal wages

plural noun

  1. 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


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Word History and Origins

Origin of nominal wages1

First recorded in 1895–1900
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Example Sentences

Nominal wages rose at just a 1.4 percent annual rate, also not a good sign.

When refugees from regions flooded by the Yellow River abound, workmen can be obtained at merely nominal wages.

Now let us see what the workman could do to advance real wages as contrasted with nominal wages.

On the basis of the same proportion as in 1920 we arrive at an increase of 10 times in the nominal wages of workmen.

With an honest money, real and nominal wages coincide, and a rise or fall of wages is known at once as a benefit or an injury.

They sailed for nominal wages and primage, or five per cent of the gross freight paid the vessel.

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nominal valuenominate