wagetaker

English

Etymology

From wage +‎ taker.

Noun

wagetaker (plural wagetakers)

1. A firm that has no choice over its wages and must accept those of the general market.
   • 2003, Michael Woodford, Interest and Prices, →ISBN, page 148:

     Here I assume that the producer is a wagetaker, even though I have supposed that the supplier of each differentiated good uses a different type of labor with its own market.