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A wage or wages are payment for wage labour. It is generally paid either on a per-piece or per-hour basis.
Definition of WAGE RATE. : the amount of base wage paid to a worker per unit of time (as per hour or day) or per unit of output if on piecework.ADVERTISEMENT. This word doesn't usually appear in our free dictionary, but the definition from our premium Unabridged Dictionary is offered here on a limited basis. the amount of base wage paid to a worker per unit of time (as per hour or day) or per unit of output if on piecework. ADVERTISEMENT. This word doesn't usually appear in our free dictionary, but the definition from our premium Unabridged Dictionary is offered here on a limited basis.