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From: Webster's Revised Unabridged Dictionary (1913)

 Sal·a·ry n.; pl. Salaries   The recompense or consideration paid, or stipulated to be paid, to a person at regular intervals for services; fixed wages, as by the year, quarter, or month; stipend; hire.
    This is hire and salary, not revenge.   --Shak.
 Note:Recompense for services paid at, or reckoned by, short intervals, as a day or week, is usually called wages.
 Syn: -- Stipend; pay; wages; hire; allowance.