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What does minimum wage mean?

Looking for the meaning or definition of the word minimum wage? Here's what it means.

Noun
  1. The lowest rate at which an employer can legally pay an employee; usually expressed as pay per hour.
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A sub-postmistress has won a year-long battle to be paid the minimum wage by the Post Office in a decision set to cost millions.
Employers must keep records for at least three years to show that workers were paid the national minimum wage.
Rothbard is still correct in maintaining that Mises has no warrant for assuming what the purposes are of those who recommend the minimum wage.
The higher minimum wage will induce some employers to reduce their workforces, others to change nonwage terms of the contract.
We want the government to set the price of goods and guarantee a minimum wage so as not to put profits above the needs of the people.
Its only commitments, expressed with imprecision, were to statutory recognition, a minimum wage and adhesion to the EU Social Chapter.

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