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Simple English definitions for legal terms

per annum

Read a random definition: de escambio monetae

A quick definition of per annum:

Term: PER ANNUM

Definition: Per annum means something that happens every year. For example, if you get 8% interest per annum on your savings account, it means you get 8% interest every year. It is a Latin phrase that is used to describe things that happen annually.

Related term: P/E ratio (price-earnings ratio)

A more thorough explanation:

PER ANNUM

Per annum means something that happens every year or is calculated on a yearly basis. It is an abbreviation of the Latin phrase "per annum".

The interest rate on my savings account is 2% per annum. This means that I will earn 2% of my total savings every year.

Another example is a salary of $50,000 per annum. This means that the person will earn $50,000 every year.

These examples illustrate that per annum is used to describe something that happens or is calculated on a yearly basis.

perambulatione facienda | per autre vie

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Quillinit
11:57
ah you filed retro W's from classes in UG?
Quillinit
11:58
ah okay, sorry homie that's rough
it's fine i got into one of my top choices so im really happy
Quillinit
11:58
<3 happy for you
getting into cornell is hugeee
ayyyyy
Quillinit
11:59
^^^^^ would love to get into Cornell lmao
Quillinit
11:59
or anywhere!
you got it, believeeee
12:06
@letsseehowitgoesnow: you okay?
12:08
@ KnowledgeableRitzyWasp did u withdraw frm all your classes for two years or just a few? i have 2 W's
12:23
listening to the front bottoms at the gym again ist es over fur mich?
My wife and I saw TFB with manchester orchestra the night before thanksgiving a few years back and it was pretty damn choice
shaquilleoatmeal
12:27
yoo lets dawg what happened, you good?
12:28
breakup
12:28
happens to the best of us
12:28
@UnsuitableMaliciousHedgehog: that’s so fucking sick
rough night and morning with ex :/. we broke up but we live together
shaquilleoatmeal
12:29
damn ;/ it is break up season dawg, i'm sorry you're going through that
12:29
it really is breakup season
shaquilleoatmeal
12:29
i lived with my ex for 3 months after we broke up and it was brutal. If you can move out quicker rather than later
thanks shaq! i just needed some input from people who are looking from the outside in
im gonna pack up my stuff and leave for a few days when i get off work
12:31
sometimes I think about things my ex said and did to me and a year later it still makes me so sad that I ever let myself be treated that way
shaquilleoatmeal
12:32
yee bud clear your head how you need, shit sometimes even just driving with no destination and some sad ass music can get you through this
shaquilleoatmeal
12:32
you grow through what you go through bunny, you know for the next relationship what you deserve
I want to run you guys through a scenario to see what yall think. Go to off topic for the one time lol
12:34
gotchu
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