What is the definition of Nominal wage? | Dictionary.net

NOMINAL WAGE

\nˈɒmɪnə͡l wˈe͡ɪd͡ʒ], \nˈɒmɪnə‍l wˈe‍ɪd‍ʒ], \n_ˈɒ_m_ɪ_n_əl w_ˈeɪ_dʒ]\

Definitions of NOMINAL WAGE

1910 - Black's Law Dictionary (2nd edition)

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Wage in current dollars, as an indicated of its purchasing power of goods and services. It differs from its true value.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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