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floor wage

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  • Floor — The lowest acceptable limit as restricted by controlling parties. Floors can be established for a number of factors, including prices, wages, interest rates, underwriting standards and bonds. Some types of floors, such as underwriting floors, act …   Investment dictionary

  • Wage — For other uses, see WAGE (disambiguation). A wage is a compensation, usually financial, received by workers in exchange for their labor. Compensation in terms of wages is given to workers and compensation in terms of salary is given to employees …   Wikipedia

  • floor — floorless, adj. /flawr, flohr/, n. 1. that part of a room, hallway, or the like, that forms its lower enclosing surface and upon which one walks. 2. a continuous, supporting surface extending horizontally throughout a building, having a number of …   Universalium

  • floor — [[t]flɔr, floʊr[/t]] n. 1) the part of a room that forms its lower enclosing surface and upon which one walks 2) a continuous supporting surface extending horizontally throughout a building and constituting one level or stage in the structure;… …   From formal English to slang

  • floor — /flɔ / (say flaw) noun 1. that part of a room or the like which forms its lower enclosing surface, and upon which one walks. 2. a storey of a building. Compare first floor. 3. a level supporting surface in any structure: the floor of a bridge. 4 …  

  • wage floor — noun floor below which wages are not allowed to fall • Hypernyms: ↑floor, ↑base …   Useful english dictionary

  • Price floor — A price floor is a government or group imposed limit on how low a price can be charged for a product. [cite web url=http://dictionary.reference.com/browse/Price%20floor title=Price floor Definitions from Dictionary.com… …   Wikipedia

  • Minimum wage law — is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.[1] Until recently, minimum wage… …   Wikipedia

  • Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

  • Living wage — is a term used to describe the minimum hourly wage necessary for a person to achieve some specific standard of living. In developed countries such as the United Kingdom or Switzerland, this standard generally means that a person working forty… …   Wikipedia

  • Minimum wage in Hong Kong — The Legislative Council voted to introduce a minimum wage in Hong Kong in July 2010.[1] The executive branch proposed a minimum wage of HK$28 ( US$3.60) per hour in November 2010, which the Legislative Council voted to accept after much debate in …   Wikipedia

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