tip wage credit

English

Noun

tip wage credit (countable and uncountable, plural tip wage credits)

  1. (US labor law, singular only, the tip wage credit) A law that allows an employer to count tips received by an employee toward the latter's minimum wage.
  2. (countable) A monetary benefit to an employer under this law.

References
  • Title 29, "Labor", United States Code, Chapter 8, §203(m) and §203(t).
  • Title 29, "Labor", Code of Federal Regulations, §531.50
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