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"Annum" is a Latin term meaning "year," commonly used in English to denote time periods in financial and economic contexts. It is often found in expressions like "per annum," which indicates an annual rate, such as interest rates or salary figures. This term helps clarify that the stated amounts or rates are calculated on a yearly basis.

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3mo ago

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Related Questions

What does per annum mean?

Per annum is a term that is used to mean that something takes place every year. For example, the government makes its budget per annum.


What is annum in tagalog?

Annum in Tagalog is "taon." It is a term used to refer to a year, both in the calendar sense and to denote the passing of time.


Where does the word per annum come from?

The phrase "per annum" comes from Latin, with "per" meaning "each" and "annum" meaning "year." When used in relation to finance or investments, "per annum" indicates that something is expressed on an annual basis.


Which is longer a fortnight or an annum?

Fortnight is two weeks (used by Shakespeare) and annum is Latin for year (annual).


What language per annum is used?

in English maybe


How long is annum?

Annum is a year. Per annum = each year


How much did the first Senators in 1789 get paid per day?

Senate Salaries since 1789 1789-1815 -- $6.00 per diem 1815-1817 -- $1,500 per annum 1817-1855 -- $8.00 per diem 1855-1865 -- $3,000 per annum 1865-1871 -- $5,000 per annum 1871-1873 -- $7,500 per annum 1873-1907 -- $5,000 per annum 1907-1925 -- $7,500 per annum 1925-1932 -- $10,000 per annum 1932-1933 -- $9,000 per annum 1933-1935 -- $8,500 per annum 1935-1947 -- $10,000 per annum 1947-1955 -- $12,500 per annum 1955-1965 -- $22,500 per annum 1965-1969 -- $30,000 per annum 1969-1975 -- $42,500 per annum 1975-1977 -- $44,600 per annum 1977-1978 -- $57,500 per annum 1979-1983 -- $60,662.50 per annum 1983 -- $69,800 per annum 1984 -- $72,600 per annum 1985-1986 -- $75,100 per annum 1987 (1/1-2/3) -- $77,400 per annum 1987 (2/4) -- $89,500 per annum 1990 (2/1) -- $98,400 per annum 1991 -- $101,900 per annum 1991 (8/15) -- $125,100 per annum 1992 -- $129,500 per annum 1993 -- $133,600 per annum 1994 -- $133,600 per annum 1995 -- $133,600 per annum 1996 -- $133,600 per annum 1997 -- $133,600 per annum 1998 -- $136,700 per annum 1999 -- $136,700 per annum 2000 -- $141,300 per annum 2001 -- $145,100 per annum 2002 -- $150,000 per annum 2003 -- $154,700 per annum 2004 -- $158,100 per annum 2005 -- $162,100 per annum 2006 -- $165,200 per annum


What is annum's abbreviation?

abbreviation for annum


How long is an annum?

annum = one year per annum = per year annually = yearly


How do you translate annum into years?

I believe an annum is one year. (ie; $50,000 per annum - per year)


When was Annum Sacrum created?

Annum Sacrum was created in 1899.


What is 7 percent per annum on 164300?

11501 per annum.