A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done. Payment may be calculated as a fixed amount for each task completed (a task wage or piece rate), or at an hourly or daily rate, or based on an easily measured quantity of work done. Wages are an example of expenses that are involved in running a business. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation.Word: wage
wage v. t. To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.
wage v. t. To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.
wage v. t. To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
wage v. t. To adventure, or lay out, for hire or reward; to hire out.
wage v. t. To put upon wages; to hire; to employ; to pay wages to.
wage v. t. To give security for the performance of.
wage v. i. To bind one's self; to engage.
wage v. t. That which is staked or ventured; that for which one incurs risk or danger; prize; gage.
wage v. t. That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.
wage n. salary, payment, earnings; just recompense (Literary)
v. engage in, conduct (war, battle)
v. venture, risk, dare, hazard