per annum

adverb

per an·​num (ˌ)pər-ˈa-nəm How to pronounce per annum (audio)
: in or for each year

Examples of per annum in a Sentence

Recent Examples on the Web The renegotiated debentures accrue interest at 10% per annum, may be converted into units of the Company and mature on December 31, 2025. Kansas City Star, 2 July 2024 Sub-Saharan Africa’s growth dropped to -0.8 percent per annum, in stark contrast to the 1.6 percent year on year growth in the twenty years prior. Rebecca Liao, Foreign Affairs, 27 July 2015 Private assets under management totaled some $13.1 trillion as of last year, up 20% per annum since 2018. Amanda Gerut, Fortune, 31 May 2024 While some progressives imagine that Trump voters in the countryside largely own auto dealerships and pleasure boats, a glance at Rusk, Mingo, or Choctaw—where per capita incomes range roughly between $21,000 and $32,000 per annum—shows the poverty of this conceit. Emily Harnett, Harper's Magazine, 26 Apr. 2024 See all Example Sentences for per annum 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'per annum.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Medieval Latin

First Known Use

1531, in the meaning defined above

Time Traveler
The first known use of per annum was in 1531

Dictionary Entries Near per annum

Cite this Entry

“Per annum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/per%20annum. Accessed 14 Jul. 2024.

Kids Definition

per annum

adverb
per an·​num (ˌ)pər-ˈan-əm How to pronounce per annum (audio)
: in or for each year : annually

Legal Definition

per annum

adverb
per an·​num pər-ˈa-nəm How to pronounce per annum (audio)
: in or for each year
interest of six percent per annum
Etymology

Medieval Latin

More from Merriam-Webster on per annum

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