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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
During the past two decades, the U.K. economy has joined that select group of economies around the world that are seeing poor to no economic growth, have increasing household distress, and, have seen an annual decrease in real wages (for the U.K., of some 0.3% per annum). Jon Moynihan, Fortune Europe, 3 Dec. 2024 Rio has a current lithium capacity of 75,000 MT per annum and is set to double this by 2028. Trefis Team, Forbes, 2 Dec. 2024 Binah Capital's Series A Redeemable Convertible Preferred Stock carries a cumulative dividend at a rate of 9% per annum. Quartz Bot, Quartz, 14 Nov. 2024 When completed, the facility can produce 1.2 million metric tonnes per annum. Ian Sayson, Forbes, 29 Oct. 2024 See all Example Sentences for per annum 

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 23 Dec. 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

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!