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nominal wages

 
Dictionary: nominal wages

pl.n.
Wages measured in terms of money paid, not in terms of purchasing power.


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Business Dictionary: Nominal Wage
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Evaluation of wage without considering its current purchasing value.

 
 

 

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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more