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stipend

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noun sti·pend \ˈstī-ˌpend, -pənd\

Simple Definition of stipend

  • : a usually small amount of money that is paid regularly to someone

Full Definition of stipend

  1. :  a fixed sum of money paid periodically for services or to defray expenses

Examples of stipend

  1. He receives a small stipend for his work as a research fellow.

  2. <the stipend you'll receive as an intern will just barely cover your housing costs>



Origin of stipend

Middle English, alteration of stipendy, from Latin stipendium, from stip-, stips gift + pendere to weigh, pay


First Known Use: 15th century



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