annum Definition
a Latin term meaning 'year', used in English to indicate a yearly rate or frequency.
Using annum: Examples
Take a moment to familiarize yourself with how "annum" can be used in various situations through the following examples!
Example
The interest rate is 5% per annum.
Example
The company's revenue increased by 10% annum over the past three years.
Example
He receives a salary of $50,000 per annum.
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Summary: annum in Brief
'Annum' [an-uhm] is a Latin term meaning 'year', used in English to indicate a yearly rate or frequency. It is commonly used in financial contexts, such as interest rates and salaries, as in 'The interest rate is 5% per annum' and 'He receives a salary of $50,000 per annum.'
