Annum (Noun)
Meaning
(Latin) year; "per annum".
Classification
Nouns denoting time and temporal relations.
Examples
- The salary is paid per annum, and it's reviewed every six months for possible increments.
- The interest rate is 5% per annum, compounded quarterly.
- The company's profits have increased by 10% per annum over the past five years.
- The investment returns 8% per annum, making it a lucrative option for investors.
- The subscription fee is $100 per annum, and it includes access to exclusive content and events.