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

Word History and Origins

Origin of nominal wages¹

First recorded in 1895–1900

Example Sentences

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

From The Daily Beast

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

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

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.

From Project Gutenberg

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

From Project Gutenberg