wage
1wage
noun \ˈwāj\Definition of WAGE
1
a : a payment usually of money for labor or services usually according to contract and on an hourly, daily, or piecework basis —often used in plural b plural : the share of the national product attributable to labor as a factor in production
2
: recompense, reward —usually used in plural but singular or plural in construction <the wages of sin is death — Romans 6:23 (Revised Standard Version)>
— wage·less \ˈwāj-ləs\ adjective
Examples of WAGE
- Both of them make decent wages.
- The table and chairs cost two weeks' wages.
- The company offers competitive wages and good benefits.
- The company gave workers a four percent wage increase this year.
Origin of WAGE
Middle English, pledge, recompense, from Anglo-French wage, gage, of Germanic origin; akin to Old High German wetti pledge — more at wed
First Known Use: 14th century
Related to WAGE
Related Words: living wage, minimum wage, nominal wages, take-home pay; double time, overtime, time and a half; compensation, recompense, remittance, remuneration, requital, return; recoupment, redress, reparation, restitution; reimbursement, repayment; earnings, profit, takings, yield
Other Business Terms
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Previous Word in the Dictionary: wag–at–the–wall
All Words Near: wage
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