minimumwagelimit
nounUK /ˈmɪnɪməm weɪdʒ ˈlɪmɪt/
US /ˈmɪnɪməm weɪdʒ ˈlɪmɪt/
The smallest amount of money a boss is allowed to pay a worker each hour.
The new minimumwagelimit means every worker must earn at least ten dollars an hour.
RELATED WORDS
OTHER MEANINGS
2. A rule that stops pay from going below a set amount.
The government set a minimumwagelimit to protect low-paid workers.
3. The lowest hourly rate allowed by law in a place.
Each state can choose its own minimumwagelimit.
4. A boundary on how little a company may pay its staff.
Some small shops worry the minimumwagelimit is too high for them.