Reallohnverlust
German
Etymology
real (“real”) + Lohn (“wage”) + Verlust (“loss”)
Pronunciation
- IPA(key): [ʁeˈaːlloːnfɛɐ̯ˌlʊst]
- Hyphenation: Re‧al‧lohn‧ver‧lust
Noun
Reallohnverlust m (strong, genitive Reallohnverlusts, plural Reallohnverluste)
- (economics) real wage loss (a decrease in purchasing power because nominal wage increases do not keep pace with inflation)
- Trotz der Gehaltserhöhung von drei Prozent mussten die Angestellten aufgrund der hohen Inflation einen Reallohnverlust hinnehmen.
- Despite the three percent salary increase, employees had to accept a loss in real wages due to high inflation.
Declension
Declension of Reallohnverlust [masculine, strong]
Synonyms
- Kaufkraftverlust (loss of purchasing power; more general term)
- Reallohnsenkung (real wage reduction)
Antonyms
- Reallohnzuwachs (real wage growth)
- Reallohnsteigerung (increase in real wages)
Coordinate terms
- Nominallohn (the amount of money paid, unadjusted for inflation)
- Verbraucherpreisindex (VPI) (the metric used to calculate the real value of wages)
- Kalte Progression (the tax effect that can exacerbate a real wage loss)
- Inflationsausgleich (the measure intended to prevent such a loss)
- Lohn-Preis-Spirale (the macroeconomic risk when trying to overcompensate for real wage losses)
Related terms
- reallohnbezogen (related to real wages)
- Verlustgeschäft (losing deal)