real wages Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “real wages” in the English Dictionary

"real wages" in Business English

See all translations

real wagesnoun [plural]

uk   us   (also real income [C or U])
ECONOMICS the ​value of ​moneyearned 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 ​realwages and ​disposableincomesmeans that mortgage-payers are really suffering from recent ​interestraterises. Real ​wages have ​fallen behind ​inflation, and the ​incomegap between ​rich and ​poor continues to widen.
(Definition of real wages from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of real wages?
Add Cambridge dictionaries to your browser to your website

More meanings of “real wages”

Word of the Day
coeducational

having male and female students being taught together in the same school or college rather than separately

Word of the Day