Meaning & use
per annum
For each year, especially used when stating a rate, amount, or interest.
See it in a sentence
The savings account offers three percent interest per annum.
Her salary is quoted per annum, though she is paid in monthly installments.
A note on using this word
A Latin phrase common in financial and legal writing; it usually follows the amount it describes, as in "5,000 dollars per annum."
Words with a similar meaning
annuallyyearly
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
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