Wage/weɪdʒ/ Definition 1 of 4Pro Tip 1/3Payment Frequency Understand 'wage' often implies a regular payment schedule, like weekly or monthly. My wage is deposited into my bank account every Friday. Pro Tip 2/3Hourly Context 'Wage' can imply payment based on hours worked, different from annual salary. The part-time job offers an hourly wage of $15. Pro Tip 3/3Related to Effort 'Wage' suggests a direct link between the amount of work and payment received. Overtime work resulted in an increased wage this week.