Minimum Wage (Noun)
Meaning
The lowest wage that an employer is allowed to pay; determined by contract or by law.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company was fined for paying its employees below the minimum wage.
- Raising the minimum wage has been a contentious issue in the presidential campaign.
- Many argue that the current minimum wage is not enough to support a decent standard of living.
- The government increased the minimum wage to help alleviate poverty among low-income workers.
- Critics of the proposal to raise the minimum wage argue that it will lead to job losses and higher prices.