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annum
This term is primarily restricted to technical, legal, and financial registers, where it functions as a precise unit of time. It is almost never used in casual conversation, where the word year is preferred. The term is most frequently encountered in the phrase per annum, meaning annually or per year, to specify rates of interest, salaries, or recurring payments.
Grammatically, this noun is borrowed directly from Latin and retains a specialized status. While it refers to a countable unit of time, it is rarely used in the plural form annums in English; instead, the standard English word years is used for plural contexts.
Meanings
Examples
The starting salary for this position is fifty thousand dollars per annum.
The investment yields a return of five percent per annum.
The lease agreement specifies a rent increase of two percent per annum.
How much interest does the account accrue per annum?
The scholarship provides a stipend of ten thousand pounds per annum.
The fine is calculated at a rate of one hundred dollars per annum.
The plant grows approximately ten centimeters per annum in this climate.
I wonder if the growth rate will remain constant per annum.