Daily Almanac for
May 26, 2012
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Dictionary


guar'anteed an'nual wage'




a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year. Also called annual wage.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

guaranteed annual incomeguaranteed bond
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