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What is Annum? The Answer Might Surprise You!

If you’re wondering “what is annum,” then you’ll be surprised to know what it means. This article explains it and how to use it in a sentence.

So, Annum?

 Annum is actually a Latin word meaning “year.” So, if you’re looking for a way to add some sophistication to your writing, consider using this term instead of the more common “year.” Click To Tweet

What is the Per Annum Cost?

“Per annum” can be translated as “per annum” in Latin. It refers to each year or annually.

Per annum is used to refer to recurring obligations or those that occur every year in a contract. Example: A bank may charge an interest simply InterestSimple formula, definition, and example. Simple interest is an interest calculation that doesn’t account for compounding.

Simple interest does not compound with each period of a loan. In most cases, however, interest will compound. Simple interest is calculated as the principal amount multiplied by the interest rate multiplied times the number of periods.

How to use per annum in a sentence

  • ESPN is an official business partner of the NFL and receives $5 billion plus per annum.
  • This tax would generate $150 billion per annum by the end of 10 – a substantial amount, even in Washington.
  • First, he would accept a higher 39.6 percent tax on dollars earned over $1 million per annum.
  • Arthur stated, “You keep the current deal [$100,000.00 per annum] and you get more.”
  • I recommend 84.3 percent per annum for tattoos, depending on whether the tattoo can be seen by a stranger, namely me.
  • According to the authority cited, the Boston Company’s mine produces approximately 400 tons per annum.
  • James Pulteney, an English baron and wealthy, died. His income was $250,000 per annum.
  • Our factory produces seven hundred and sixty-seven millions pairs of boots every annum.
  • However, “saloon” licenses are a significant source of revenue for the municipality. They cost from $1,200 to per annum.
  • A man who has hired a herdsman to milk the cows or a shepherd to tend the sheep shall pay him eight gurs of corn annum.

In other languages

Per annum
  • American English per annum/ p@r’aen@m/.
  • Brazilian Portuguese: por ano.
  • Chinese: Mei Nian.
  • European Spanish: al ano.
  • French par an.
  • German Pro Year.
  • Italian: all’anno
  • Japanese: 1Nian nitsuki.
  • Korean yeongan
  • European Portuguese: por ano.
  • Latin American Spanish: al ano.
  • Thai: t`pii

Browse alphabetically

Per annum
  • Pequot War
  • per
  • Per an.
  • Per annum
  • per ardua ad astra
  • per capita
  • per capita basis.
  • All ENGLISH words that start with ‘P’.

Conclusion

Now you know what is annum and how you can use it in sentences. You can improve the quality of your writing by using the term “annum” instead of the more common “year.” Click To Tweet

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