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单词 nominal wage
释义

nominal wage

Definition
Dollar amount of wage, as distinct from its true value in terms of what it will buy in goods and services.

Use 'nominal wage' in a Sentence

Joe believed that the nominal wage that the company paid him for his work was fair and competitive for his job description.
The nominal wage did not take into account the inflation that would be critical to understand the spending habits of the region.
I wondered what the nominal wage was and how much it could buy because I was really interested in everything to do with wages.
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更新时间:2025/1/22 22:50:30