stipend


sti·pend

noun \ˈstī-ˌpend, -pənd\

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

Full Definition of STIPEND

:  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

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

Browse

Next Word in the Dictionary: stipendiary (noun)
Previous Word in the Dictionary: stipellate
All Words Near: stipend

Seen & Heard

What made you want to look up stipend? Please tell us where you read or heard it (including the quote, if possible).