nominal wages
plural noun
: wages measured in money as distinct from actual purchasing power
Example Sentences
Recent Examples on the Web The second is zero future growth in nationwide average nominal wages. 
Laurence Kotlikoff, Forbes, 9 Aug. 2022 All of this is a big part of why nominal wages are growing at about 6% annually in the U.S., well above their prepandemic pace, while nominal wage growth in the euro area is running at about a 3% annual rate. Jason Furman, WSJ, 6 June 2022 The strained labor market has raised annual growth in nominal wages in low-pay industries by 4 to 6 percentage points in the U.S. and U.K. from mid-2020 to late 2021. Eric Martin, Bloomberg.com, 31 Mar. 2022 Higher nominal wages move more taxpayers more quickly into higher tax brackets even if their real standard of living declines. The Editorial Board, WSJ, 12 Jan. 2022 As nominal wages and prices rise, that adjustment will shield more money from taxation and block inflation—currently above 5% on an unadjusted annual rate—from causing a sharp tax increase. Richard Rubin, WSJ, 23 Oct. 2021 Although nominal wages of some workers have risen, raises are largely canceled by higher prices. Phillip Molnar, San Diego Union-Tribune, 18 June 2021 Sure, on average and given enough time, nominal wages might rise to match the nominal price level. Joseph C. Sternberg, WSJ, 22 Apr. 2021 In the new government jobs report, year-over-year nominal wage growth is 2.7 percent nationwide as of June, a solid but not stellar pace. Laurent Belsie, The Christian Science Monitor, 6 July 2018 See More
Laurence Kotlikoff, Forbes, 9 Aug. 2022 All of this is a big part of why nominal wages are growing at about 6% annually in the U.S., well above their prepandemic pace, while nominal wage growth in the euro area is running at about a 3% annual rate. Jason Furman, WSJ, 6 June 2022 The strained labor market has raised annual growth in nominal wages in low-pay industries by 4 to 6 percentage points in the U.S. and U.K. from mid-2020 to late 2021. Eric Martin, Bloomberg.com, 31 Mar. 2022 Higher nominal wages move more taxpayers more quickly into higher tax brackets even if their real standard of living declines. The Editorial Board, WSJ, 12 Jan. 2022 As nominal wages and prices rise, that adjustment will shield more money from taxation and block inflation—currently above 5% on an unadjusted annual rate—from causing a sharp tax increase. Richard Rubin, WSJ, 23 Oct. 2021 Although nominal wages of some workers have risen, raises are largely canceled by higher prices. Phillip Molnar, San Diego Union-Tribune, 18 June 2021 Sure, on average and given enough time, nominal wages might rise to match the nominal price level. Joseph C. Sternberg, WSJ, 22 Apr. 2021 In the new government jobs report, year-over-year nominal wage growth is 2.7 percent nationwide as of June, a solid but not stellar pace. Laurent Belsie, The Christian Science Monitor, 6 July 2018 See More Word History
First Known Use
1814, in the meaning defined above
nominal wages
plural noun
as in minimum wage
Synonyms & Similar Words
Relevance
- minimum wage
- living wage
- pay envelope
- wage
- salary
- take-home pay
- paycheck
- stipend
- pay
- overtime
- double time
- emolument
- hire
- time and a half
- payment
- redress
- reparation
- repayment
- reimbursement
- restitution
- remittance
- compensation
- recompense
- packet
- recoupment
- return
- earnings
- profit
- remuneration
- takings
- requital
- yield
- friction head
- friction horsepower
- friction jewel
- friction match
- friction primer
- friction pulley
- friction ridge
- friction saw
- friction sawing
- friction slip
- friction socket
- friction sound
- friction tape
- friction top
- friction wheel
- friction-glazed
- friction-tight
- frictional
- frictional gearing
- frictional unemployment
- frictionally
- frictionize
- frictionless
- frictionlessly
- frictions