per annum (C1)
adverb/adjective
Pronunciation: /pɜːr ˈæn.əm/
Definition
Calculated or occurring once every year.
Examples
The company's revenue grew by ten percent per annum over the last decade.
She receives a salary of fifty thousand dollars per annum.
Insurance premiums are typically quoted per annum to help customers budget their yearly expenses.
Synonyms of per annum
Words with a similar meaning to per annum:
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