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 (wage labour), or based on an easily measured quantity of work done.