Definition of minimum wage

The lowest wage that can be paid by law to a worker to provide enough to live on.

In the UK, from 1 October 2015, the main rate for workers aged 21 and over will be £6.70, increasing from the current £6.50 (with lower rates for younger people and apprentices so that, for example, the rate for those between 18-20 years of age is £5.13). [1]