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real wages

[ree-uh l, reel]
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plural noun Economics.
  1. wages estimated not in money but in purchasing power.
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Compare nominal wages.

Origin of real wages

First recorded in 1880–85
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for real wages

real wages

pl n
  1. economics wages evaluated with reference to their purchasing power rather than to the money actually paidCompare money wages
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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
real wages in Culture

real wages

Wages adjusted for the prevailing level of consumer prices. (See also constant dollars.)

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.