- real wages real wages ➔ wage
* * *real wages UK US noun [plural] (also real income [C or U])► ECONOMICS the value of money earned by workers in an economy at a particular time, after taking into account the effect of inflation on what can be bought with that money: »
A decrease in real wages and disposable incomes means that mortgage-payers are really suffering from recent interest rate rises.»
Real wages have fallen behind inflation, and the income gap between rich and poor continues to widen.
Financial and business terms. 2012.
Look at other dictionaries:
real wages — /ree euhl, reel/ wages estimated not in money but in purchasing power. Cf. nominal wages. [1880 85] * * * real wages, wages measured in actual purchasing power … Useful english dictionary
real wages — Wages adjusted for inflation … American business jargon
real wages — /ree euhl, reel/ wages estimated not in money but in purchasing power. Cf. nominal wages. [1880 85] * * * … Universalium
real wages — /ril ˈweɪdʒəz / (say reel wayjuhz) plural noun wages paid for work done, expressed in terms of purchasing power (opposed to money wages) … Australian English dictionary
real wages — /rɪəl weɪdʒɪz/ plural noun same as real earnings … Dictionary of banking and finance
real wages — worth of a salary as influenced by changes in the index … English contemporary dictionary
Real wage — The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages.The use of adjusted figures is in undertaking some form of economic analysis. For example, in order to… … Wikipedia
Real versus nominal value (economics) — Economics … Wikipedia
real — re|al1 [ riəl ] adjective *** ▸ 1 in physical world ▸ 2 true, not just claimed ▸ 3 with true qualities ▸ 4 not false/artificial ▸ 5 the most important ▸ 6 important/impressive ▸ 7 about amount/number ▸ 8 seeming like life ▸ + PHRASES 1. )… … Usage of the words and phrases in modern English
real — I UK [rɪəl] / US [rɪəl] adjective *** 1) existing in the physical world, not just in someone s imagination or in stories Children believe that these characters are real. She had many illnesses, both real and imaginary. real live: I had never met… … English dictionary