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per annum

  (pər ăn'əm) pronunciation
adv.

By the year; annually: a magazine subscription of 40 dollars per annum.

[Latin : per, per + annum, accusative of annus, year.]


 
 

Once each year.
Example: A Premium on the insurance policy is paid on a per annum basis. It amounts to $500 per annum.

 
Law Dictionary: Per Annum

i>-Lat: through the course of a year; annually. Anything (e.g., interest, wages, rent) which is calculated "per annum" is calculated on the basis of a year in time; sometimes a per annum rate will be fixed at 1/360th instead of 1/365th per day.

 
Latin Phrase: Per Annum

By the Year

 
WordNet: per annum
Note: click on a word meaning below to see its connections and related words.

The adverb has one meaning:

Meaning #1: by the year; every year (usually with reference to a sum of money paid or received)
  Synonyms: p.a., per year, each year, annually


 
 

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Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved.  Read more
Answers Corporation Latin Phrase. © 1999-2008 by Answers Corporation. All rights reserved.  Read more
WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more

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