Meaning of the word "per annum" in English
What does "per annum" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
per annum
US /pər ˈænəm/
UK /pər ˈænəm/
Adverb
for each year; annually
Example:
•
The interest rate is 5% per annum.
•
His salary increased by $2,000 per annum.
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