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wage

definition

noun

the money paid to an employee in return for work done, especially when it is paid weekly and in cash

Example

She is earning a good wage or good wages for a young person.

(Note The plural wages is more usual when referring to the money earned, but wage is used before other nouns.)

"European economies are being held back by rigid labor markets and wage structures" [Duns Business Month]

"...real wages have been held down dramatically: they have risen at an annual rate of only 1 per cent in the last two years" [Sunday Times]

Related Terms

 • wages payable account  • variable costs  • pay  • pay scale  • wage scale  • guaranteed wage  • escalator clause  • ratchet effect
 more related terms