Wage Control
/ˈweɪdʒ kənˌtroʊl/
Definitions
- (n.) Government or regulatory measures to limit or regulate the wages paid to workers, often to control inflation or maintain economic stability.
The government implemented wage control during the economic crisis to curb inflation.
Forms
- wage control
- wage controls
Related terms
See also
Commentary
Wage control typically arises under economic stabilization policies and may be temporary; drafting should clarify scope and duration to avoid labor disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.