When contracting, rather than raising one's rate, instead billing more than necessary for work completed. Has the effect of increasing one's virtual hourly rate.
Did you get that big raise you were hoping for?
> Nah, so I just billed for more hours. Virtual raise!
> Nah, so I just billed for more hours. Virtual raise!
by Lucent April 6, 2010
Get the virtual raise mug.