Nominallohn

German

Etymology

nominal (nominal) +‎ Lohn (wage)

Pronunciation

  • IPA(key): [nomiˈnaːlˌloːn]
  • Hyphenation: No‧mi‧nal‧lohn

Noun

Nominallohn m (strong, genitive Nominallohns, plural Nominallohne)

  1. (economics) nominal wage (the wage measured in monetary terms, without adjustment for inflation or purchasing power)
    Obwohl der Nominallohn um fünf Prozent stieg, blieb den Arbeitnehmern wegen der hohen Inflation real weniger Geld übrig.
    Although the nominal wage rose by five percent, employees were left with less money in real terms due to high inflation.

Declension

Synonyms

  • Geldlohn (money wage)
  • Bruttolohn (gross wage; though this specifically refers to the amount before taxes/social security)

Antonyms

Coordinate terms

  • Inflation (the factor that differentiates nominal from real values)
  • Kaufkraft (the actual value of the nominal wage)
  • Lohn-Preis-Spirale (the cycle often triggered by demands for higher nominal wages)
  • Lohnindex (a statistical measure of wage movements)

References