- pay restraint
- /'peɪ rɪˌstreɪnt/ nounthe process of keeping increases in wages under control
Dictionary of banking and finance. 2015.
pay restraint
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pay restraint — ➔ restraint * * * pay restraint UK US noun [U or C] UK ► ECONOMICS WAGE RESTRAINT(Cf. ↑wage restraint) … Financial and business terms
restraint — re‧straint [rɪˈstreɪnt] noun [countable, uncountable] a rule or principle limiting what countries, companies etc can sell, advertise, buy etc: • Beijing promised to ease import restraints and buy more U.S. products. • The regulations were ruled… … Financial and business terms
restraint — noun 1 limit/control on sth ADJECTIVE ▪ voluntary ▪ agreements on voluntary export restraints ▪ conventional ▪ What happens when the conventional restraints on human cruelty are removed? ▪ … Collocations dictionary
restraint — noun 1 (U) the ability not to do something that you very much want to do, because you know it is more sensible not to do it: The police were commended for their restraint in handling the disturbances. | show/exercise restraint: I think he showed… … Longman dictionary of contemporary English
wage restraint — ➔ restraint * * * wage restraint UK US noun [C or U] (also pay restraint) ECONOMICS ► the act of reducing the rate of increase in the amount that workers earn, or something that is done to achieve this reduction: »Economists predict wage… … Financial and business terms
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