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What is the 'per diem' for 'per day payout'?

Updated: 8/17/2019
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11y ago

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The particular 'per diem' arrangement depends upon the particular arrangements of the particular government or company. The Latin equivalent of the complete phrase 'per day payout' is per diem lucrum. In the word-by-word translation, the preposition 'per' means 'by, through'. The noun 'diem' means 'day'. The noun 'lucrum' means 'payout'.

In the US, there is a GSA schedule of per diem amount by city. An employer cannot pay more than that amount, because the excess will not be tax-exempt. It ranges from $100 per day to $200 per day in high cost cities. An employer could pay less; normal procedure is to use the maximum amount.

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Q: What is the 'per diem' for 'per day payout'?
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Related questions

What are per diem charges?

Answer"Per diem" is Latin for "by the day" so per diem charges would be fees assessed on a daily basis.


What is per diem interest?

"per diem" is Latin for "by days" Interest calculated "per diem" would be calculated every day, not monthly or yearly.


What is the full form of 'diem'?

Per diem means by the day. Carpe diem means seize the day. Did you have a different meaning in mind?


What does per diem allowence?

Per diem is Latin for "per day" or "for each day". It usually refers to the daily rate of any kind of payment.


What is the diem?

In Latin, diem means "day". The term word "diem" is typically used in conjunction with the word "per" as in "per diem" meaning "each day". A per diem is the amount a company will allow, either via cash, check, or credit card, you to spend, at their expense, on meals, accomodations, etc.


What is the meaning of 'Per diem'?

"Per diem" means "by the day" or "for each day." For more information from the Merriam-Webster dictionary, see the Related Link.


How do you use Per Diem in an idiom sentence?

The cost for the day program was changed slightly as a result of the increase to the Per Diem costs of K and K day programming to $90 per day (from $80).


What is Carp per diem?

I think you mean Carpe Diem. That means seize the day in latin.


What does dium mean in English or is it being confused with diem?

Diem is used in several English phrases and means "day." Most notably carpe diem (seize the day) and per diem (per day).Dium is probably some form of the word "god."Dium is the proto European root of the word diem it means sky or heavenly sky. Which is how it is the root of both "god" and "day".


What does per dime mean?

"per diem" means per day. It comes from Latin.


How many miles do you have to drive to get per diem?

Per diem (Latin for day) is a payment for a day - not related to time or distance. It is usually a fixed amount "per day". So if you drive 50 miles or 500 miles you'll get the same amount.


can an REO SELLER/ BANK charge a buyer "per diem" when the buyer is using an FHA loan ?

Yes, a REO seller can charge a buyer per diem interest when the buyer is using an FHA loan. A per diem fee can be around $150 per day.