Meaning & Definition of word "Wages"
Wages
/ˈweɪdʒɪz/
noun:
- 1. A fixed regular payment earned for work, typically paid on a daily or weekly basis.
- Example: The company increased the minimum wages for all employees to ensure a fair standard of living.
- 2. Monetary compensation for labor or services rendered.
- Example: She is proud of the wages she earns as a skilled technician in the manufacturing industry.
- 3. The rewards or consequences of actions, especially in a moral or ethical sense.
- Example: He believed that good deeds would bring good wages in return, while wrongdoing would lead to misfortune.
Etymology
●Middle English, from Old North French 'wagier', meaning 'to pledge or promise'.
Common Phrases and Expressions
living wage:
A wage that is high enough to maintain a normal standard of living.
minimum wage:
The lowest legal wage that can be paid to workers.
wage increase:
A raise in the amount of salary or pay.
wage gap:
The disparity in earnings between different groups of workers.
Related Words
salary:
A regular payment made by an employer to an employee, typically monthly.
remuneration:
Money paid for work or a service.
compensation:
Something, typically money, awarded to someone as a recompense for loss, injury, or suffering.
Slang Meanings of wages
Meaning: Dough
● Example Sentence: I need to make some dough this weekend.
Meaning: Benjamins
● Example Sentence: He's stacking up the Benjamins with that new job.