The essential content or true nature of something, beyond mere appearances or formalities, often reflecting its actual value or significance.
The intrinsic characteristics or fundamental qualities that define the reality of a situation or object, differentiating it from its superficial or nominal attributes.
The actual economic value of wages when adjusted for inflation, taking into account the real purchasing power at a given time.
Example:
実質成長と名目成長率の差は物価上昇を意味する。
Pertaining to the true or actual content of something rather than its superficial or nominal aspects, emphasizing the intrinsic qualities or characteristics.
Reflecting a meaningful or significant essence that prioritizes substance over form or appearance, often highlighting the inherently valuable or functional elements.
Describing a condition or situation in which the true essence or reality is emphasized, contrasting with mere formalities or nominal statements that may lack genuine impact.
Example:
これは実質的にはそれよりも高くはない。
The amount of income earned by workers when adjusted for inflation, reflecting the true purchasing power of their earnings in relation to the cost of living.
Wages expressed in terms of the actual goods and services that can be purchased, taking into account changes in price levels over time.
The wage level that considers the impact of consumer price trends, showing how much a worker's salary can actually afford in terms of essential goods.