Word:

Wages fund

(Polit. Econ.) the aggregate capital existing at any time in any country, which theoretically is unconditionally destined to be paid out in wages. It was formerly held, by Mill and other political economists, that the average rate of wages in any country at any time depended upon the relation of the wages fund to the number of laborers. This theory has been greatly modified by the discovery of other conditions affecting wages, which it does not take into account.
- Encyc. Brit.

See also: Wages

Browse
wage schedule
wage setter
wage-earning
Wagel
Wagenboom
wager
Wager of battel
Wager of battle
Wager of law
Wager policy
Wagerer
Wagering
Wagering contract
Wagering policy
Wagers
Wages
-- Wages fund --
Wagga Wagga
Waggel
Waggery
Waggie
Waggish
waggishly
waggishness
Waggle
waggon
waggoner
waggonwright
Wagner
Wagnerian
Wagnerite
Wagon
Wagon boiler
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