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nominal wage

/ˈnɑmənəl weɪdʒ/ /ˈnɒmɪnəl weɪdʒ/
noun
GeneralEconomics
  1. 1 nominal ücret countable

Definition (English)

The actual amount of money earned, before adjusting for inflation.

Example Sentences

  1. Nominal wages rose by 3% last year.
    Nominal ücretler geçen yıl %3 arttı.
  2. Despite higher nominal wages, people felt poorer.
    Daha yüksek nominal ücretlere rağmen insanlar daha fakir hissetti.

Phrases 5

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