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Dictionary › TOPIK 6

TOPIK 6noun

명목임금

myeongmogimgeum [명모김금]

명목임금이 · 명목임금을

nominal wage

Example

명목임금은 올랐지만 물가가 더 많이 올랐습니다.

Nominal wages went up, but prices went up even more.

Word parts

명 name목 item임 wage금 money

Literally 'wages in name only', before adjusting for inflation.

Good to know

명목 also means 'pretext': ~라는 명목으로 'under the pretext of ~'.