We considered marketing's role--that is, TVP's value as a tool for market segmentation, asset value creation and profitability; anticipated consumer acceptance of indication pricing; and how TVP might influence how consumers shop for and select the right loan program and best rate.
Legal Definition of wage. 1 : a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis âoften used in plural.
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.eventy-five million workers earned hourly wages in the United States in 2012, making up 59% of employees. In the United States, wages for most workers are set by market forces, or else by collective bargaining, where a labor union negotiates on the workers' behalf.