Nominallohn
German
Etymology
nominal (“nominal”) + Lohn (“wage”)
Pronunciation
- IPA(key): [nomiˈnaːlˌloːn]
- Hyphenation: No‧mi‧nal‧lohn
Noun
Nominallohn m (strong, genitive Nominallohns, plural Nominallohne)
- (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
Declension of Nominallohn [masculine, strong]
Synonyms
- Geldlohn (money wage)
- Bruttolohn (gross wage; though this specifically refers to the amount before taxes/social security)
Antonyms
- Reallohn (real wage)
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)
Related terms
- nominal (nominal)
- Lohnabrechnung (payroll accounting)
References
- “Nominallohn” in Digitales Wörterbuch der deutschen Sprache
- “Nominallohn” in Duden online