guaranteed pay

guaranteed pay
guaranteed pay UK US noun [U]
(also guarantee pay, also guaranteed wage [C]) HR an agreement that an employer must pay employees for days when they are available to work even when there is no work for them to do: »

Under the guaranteed pay scheme, when you make yourself exclusively available for work, you will be paid whether or not we find work for you.

a salary that someone is sure to receive: »

The CEO's guaranteed pay is €1.3 million a year, with possible bonuses on top.


Financial and business terms. 2012.

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Look at other dictionaries:

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  • guaranteed price — ➔ price1 * * * guaranteed price UK US noun [C] ► COMMERCE an arrangement in which if a company reduces the price of a product or service in the future, it promises to pay back the difference to customers who have paid a higher price: »Suppliers… …   Financial and business terms

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  • guaranteed — guar|an|teed [ ,gerən tid ] adjective * 1. ) if something is guaranteed, you will definitely get it or have it: Our salespeople are on a guaranteed income of $850 a month. a land where sunshine is absolutely guaranteed 2. ) BUSINESS a guaranteed… …   Usage of the words and phrases in modern English

  • guaranteed */ — UK [ˌɡeærənˈtiːd] / US [ˌɡerənˈtɪd] adjective 1) if something is guaranteed, you will definitely get it or have it Our salespeople are on a guaranteed income of £1000 a month. a land where sunshine is absolutely guaranteed 2) business a… …   English dictionary

  • Guaranteed Stock — An infrequently used form of common or preferred stock, whose dividends are guaranteed by a third party. Railroads and public utilities sometimes issue this kind of stock. The guaranteed dividend can increase the stock s price. This can also… …   Investment dictionary

  • pay — Synonyms and related words: accomplish, achieve, advantage, afford, angel, answer, attend to, avail, back, bankroll, base pay, be exposed to, be gainful, be had, be handy, be of use, be profitable, be subjected to, be worthwhile, benefit, bestead …   Moby Thesaurus

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