wage-fund doctrine

noun

The theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund to the number of persons who have to share in it.

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wage-fund theory
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Meanings

noun
  1. economicsThe theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund to the number of persons who have to share in it.

    Synonyms: wage-fund theory

Synonyms & antonyms

nounThe theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund to the number of persons who have to share in it.

Similar
wage-fund theory
Cite this entry
APA

wage-fund doctrine. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/wage-fund%20doctrine

MLA

“wage-fund doctrine.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/wage-fund%20doctrine. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “wage-fund doctrine,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/wage-fund%20doctrine.

Source: wage-fund doctrine on Wiktionary, CC BY-SA 4.0.